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A comment on The Bitcoin whitepaper is hidden in every copy of macOS. Parent comment

Re:The Bitcoin whitepaper is hidden in every copy of macOS by SXX on Thursday April 06, 2023 @11:42AM (#35469955)
W-8BEN has nothing to do about dealing with US companies or government.

If you open investment account to buy any US stock, index funds or a some other US-based financial instruments you have to fill W-8BEN. Otherwise you might be charged 30% tax on your investment income by IRS.

So even if you open brokerage account in UK, EU, India, Russia or any other country you'll surely know about this form.

[ Parent | on HN ]
Re:The Bitcoin whitepaper is hidden in every copy of macOS by capableweb on Sunday April 09, 2023 @08:23AM (#35502066)
> W-8BEN has nothing to do about dealing with US companies or government.

> If you open investment account to buy any US stock, index funds or a some other US-based financial instruments you have to fill W-8BEN

You seem to directly contradict yourself. Dealing with any US-based financial instrument obviously has to do with dealing with something US related.

In contrast, if I only invest in any non-US financial instruments, I don't have to deal with W-8BEN.

[ Parent | on HN ]