W-8BEN-E Form 2021 PDF: Download and Print the Latest Version of the IRS Certificate for Foreign Entities
In October 2021, the IRS published a new version of the W-8BEN form, updated to comply with changes in US tax regulations. The same goes for the tax form used by foreign entities (W-8BEN-E). The instructions for completing these forms have also been updated.
w-8ben-e form 2021 download
Old forms may be used for up to six months past the new revision date, so the old 2017 revision can be accepted until the end of April 2022. Of course, it's best to adjust documentation to the new rules as soon as possible. Beginning May 2022, you must use the new 2021 version.
Observation: While these forms have a revision date of October 2021, the IRS states that recipients of the form can accept a prior version of the form through April 2022. Although the prior version of the forms cannot be accepted after April 2022, prior versions that have been accepted prior to May 2022 remain valid until their expiration date or until a change in circumstances renders them invalid.
If you have not previously received a 1099 via our electronic download form, a paper copy will be mailed via USPS to the address on file in your Adobe Stock contributor account. Or, you can download a copy of your 1099 HERE. Please note that using the electronic download form will prevent future paper copies being sent via USPS.
Form W-8 expires on the last day of the third succeeding calendar year after the form is signed (for example, if the form is signed on August 1, 2021, such form expires on December 31, 2024). You are responsible for submitting a new form on your Contributor Account page when the form is close to expiration. Otherwise, the maximum withholding tax will start to apply to your income upon expiration.
This month we turn our attention to the recently revised 2016 W-8BEN-E form which has 30 parts over eight pages that can be catalogued into four sections. The IRS released its previous substantial update of the W-8BEN-E in February 2014 and in April 2016 its most recent revisionary updated form with accompanying updated instructions. The 2016 revision more represents a technical correction release for the evolution of FATCA and its IGAs since 2014 than substantive changes. The 2014 W-8 series update, on the other hand, was a major departure from the previous series, exemplified by the former W-8BEN in use since 2006 had just four parts. The 2014 Forms may continue to be used by institutions until October 2016 when it becomes mandatory to switch to the new 2016 W-8BEN-E. For a detailed FATCA evolution from pre-2010 through 2016, download my 118 page article.
For customers located in the US, your finance team will likely need a copy of a Certificate of Status of Beneficial Owner for United States Tax Withholding and Reporting (Entities). You can download the form here.
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