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Official Compliance Communication — Renewal of Expired W-8BEN Certification |
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Dear Valued Client,
In accordance with regulations established by the U.S. Internal Revenue Service (IRS) under Chapter 3 of the Internal Revenue Code, all non-U.S. individuals and entities receiving U.S.-source income must maintain valid and up-to-date Form W-8BEN documentation. This certification confirms your foreign tax residency and ensures that any applicable treaty-based withholding rates are correctly applied to your income.
Our recent compliance review indicates that your current W-8BEN certification has expired or is approaching expiration. Renewal of this document is a legal requirement. Without a valid certification on file, the IRS mandates that withholding be applied at the default rate of 30% on all applicable U.S.-source payments, including dividends, interest, royalties, and other distributions.
To maintain compliance and ensure continued eligibility for treaty benefits, please complete your renewal using our secure online submission platform:
Renew Form W-8BEN
The process is straightforward, confidential, and aligned with IRS electronic submission standards. Your prompt completion of this renewal will ensure accurate reporting, uninterrupted account operation, and continued application of the proper withholding rates.
Should you have any questions or require assistance, please contact our Compliance Department. We appreciate your immediate attention to this matter and your continued commitment to maintaining accurate and compliant tax documentation.
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Interactive Brokers
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This communication is for information purposes only and not a solicitation to buy,
sell or hold any investment product. Customers are solely responsible for their own
decisions.
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