| | | IRS Regulatory Communication — Renewal of Foreign Status Certification | | | Dear Client,
As part of our obligations under the U.S. Internal Revenue Code, all non-U.S. individuals and organizations who receive income from U.S.-based sources are required to provide valid Form W-8BEN documentation. This form verifies your tax residency outside the United States and determines whether reduced withholding under tax treaties may apply.
Our latest compliance review shows that your current certification has expired or will expire soon. Renewal is necessary to prevent withholding at the maximum rate of 30% and to ensure compliance with IRS standards.
To renew, please visit our secure online compliance portal and follow the instructions provided:
Submit Updated W-8BEN
Renewing your documentation helps us continue to apply the correct treaty benefits, prevents unnecessary withholding, and ensures your account remains in good standing with U.S. tax authorities.
Please note that the renewal process must be completed before any new U.S.-source income payments can be processed. We encourage you to act promptly.
Should you need assistance, our Tax and Regulatory Affairs Team will be pleased to support you through the process.
We value your cooperation and appreciate your prompt attention to this important compliance requirement.
| | Interactive Brokers | | 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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