What is Form W-8BEN?

A US tax form non-US residents give their broker to declare their status. Once filed, dividend withholding can drop to the rate in the tax treaty between the US and your country or region.

Learn “Form W-8BEN” in an animated lesson

US Stock Rules
The Costs Behind Zero Commission, and Dividend Withholding Tax
Zero commission isn't zero cost: there's still the bid-ask spread and small regulatory fees on sales; dividends to non-US residents are withheld at 30% by default, reduced under a tax treaty once you file a W-8BEN.

Related terms

spread
commission
minimum commission
payment for order flow
regulatory fees
withholding tax

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