tag:blogger.com,1999:blog-36739260.post5488198603216487035..comments2023-10-10T15:44:38.677+08:00Comments on KnowThyMoney: How To Fill W-8BEN Form For MalaysianKrishttp://www.blogger.com/profile/01618400061723721064noreply@blogger.comBlogger26125tag:blogger.com,1999:blog-36739260.post-68186287157959676102016-11-07T11:46:49.141+08:002016-11-07T11:46:49.141+08:00Hi,
Would you happen to know how to fill a W-8BE...Hi, <br /><br />Would you happen to know how to fill a W-8BEN-E form? I am trying to fill a form for an estate, which will be set up under a joint account under my mother and my name. <br /><br />Thanks<br /><br />Hidayat Farizinoreply@blogger.comtag:blogger.com,1999:blog-36739260.post-5681828455681567732014-06-22T07:14:48.725+08:002014-06-22T07:14:48.725+08:00I think it can be done, my ex-colleague did that b...I think it can be done, my ex-colleague did that before in the past.ChampDoghttps://www.blogger.com/profile/15551303930099640011noreply@blogger.comtag:blogger.com,1999:blog-36739260.post-9923843107926191572014-06-21T23:06:15.646+08:002014-06-21T23:06:15.646+08:00@Ki Chong,
I am not sure about this. You might ne...@Ki Chong,<br /><br />I am not sure about this. You might need to ask the relevant US authorities.Krishttps://www.blogger.com/profile/01618400061723721064noreply@blogger.comtag:blogger.com,1999:blog-36739260.post-3519295623859054422014-06-20T22:44:32.548+08:002014-06-20T22:44:32.548+08:00Hi Kris,
I didn't know that my W8Ben expired...Hi Kris, <br /><br />I didn't know that my W8Ben expired last year. After expiration i had some trades and the proceeds were being taxed. <br /><br />I have submitted W8Ben to make it valid for another 3 years. But can i claim back the withheld taxes?Ki Chonghttps://www.blogger.com/profile/16874369723701985270noreply@blogger.comtag:blogger.com,1999:blog-36739260.post-529573949309859262014-06-20T22:43:23.163+08:002014-06-20T22:43:23.163+08:00Hi Kris,
I didn't know that my W8Ben expired...Hi Kris, <br /><br />I didn't know that my W8Ben expired last year. After expiration i had some trades and the proceeds were being taxed. <br /><br />I have submitted W8Ben to make it valid for another 3 years. But can i claim back the withheld taxes?Ki Chonghttps://www.blogger.com/profile/16874369723701985270noreply@blogger.comtag:blogger.com,1999:blog-36739260.post-67145953370601761592013-09-24T22:06:45.125+08:002013-09-24T22:06:45.125+08:00Does anyone else have any experience in trading US...Does anyone else have any experience in trading US stocks in Malaysia? Similar to anonymous poster above, I also trade US shares in Malaysia, and my stockbroker withholds 30% tax from my dividends, even though i have completed the W8BEN form. Is there anybody who has completed the W8BEN form and was actually exempted from the 30% withholding tax for dividends? If so, which stockbroker do you use? Would be very interested to find out.<br />Nick Shttps://www.blogger.com/profile/07042718942999158197noreply@blogger.comtag:blogger.com,1999:blog-36739260.post-20334547980079376432013-05-23T07:00:29.144+08:002013-05-23T07:00:29.144+08:00Let's say I traded Futures contract and earn s...Let's say I traded Futures contract and earn sum of the money. Is this profit is tax exempted as well? ( No backup withholding?)<br /><br />Thanks.Emmanoreply@blogger.comtag:blogger.com,1999:blog-36739260.post-48708689728643997622013-01-12T17:54:14.796+08:002013-01-12T17:54:14.796+08:00@Colin,
IRS can hold up to 30% of your dividend, i...@Colin,<br />IRS can hold up to 30% of your dividend, interest, royalty.<br /><br />Note: capital gain is a different animal from above :D<br /><br />Krishttps://www.blogger.com/profile/01618400061723721064noreply@blogger.comtag:blogger.com,1999:blog-36739260.post-15512852627704354602013-01-12T16:58:03.583+08:002013-01-12T16:58:03.583+08:00Hi Kris,
Are you 100% sure that as Malaysian we a...Hi Kris,<br /><br />Are you 100% sure that as Malaysian we are exempted from paying the 30% tax?<br /><br />I trade US stock. According to my broker and from searching to external sites, we can only be exempted if a country has a tax treaty with USA. Malaysia does NOT have tax treaty with US.<br /><br />Here's a link from IRS itself (search for the word 'exemption')<br /><br /><br /><br />http://www.irs.gov/instructions/iw8ben/ch01.html#d0e187<br /><br />thanks<br />ColinAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-36739260.post-38287326260693436282012-10-25T13:08:50.374+08:002012-10-25T13:08:50.374+08:00@Leo, please add me at my page
http://www.faceboo...@Leo, please add me at my page<br /><br />http://www.facebook.com/pages/KnowThyMoney/200273066660911<br /><br />Lets discuss there so that more people can learn.Krishttps://www.blogger.com/profile/01618400061723721064noreply@blogger.comtag:blogger.com,1999:blog-36739260.post-67807311385230253172012-10-24T20:59:10.683+08:002012-10-24T20:59:10.683+08:00Hi, I am interested in investing/trading in the US...Hi, I am interested in investing/trading in the US stock market. I would like to know how we internationally fund a US-based account such as Just2trade? Due to the fact that i do not have a bank account in US, the only option that we have is wire transfer? <br /><br />Anyone here have had an experience with funding a US-based account while living in Malaysia?<br /><br />Thank you!Leonoreply@blogger.comtag:blogger.com,1999:blog-36739260.post-71702834352338939192012-09-01T10:08:38.593+08:002012-09-01T10:08:38.593+08:00Hi Anastasia/Ewaine,
Thanks for following my blog...Hi Anastasia/Ewaine,<br /><br />Thanks for following my blog.<br /><br />Q8: Reference number: If there any, you need to give your US account number.(If there is where your scholarship money is deposited). This is what matters. But usually scholarship money will transferred into your local account?? or you are going to US soon?<br /><br />Q10: Just leave it blank as Malaysia does not have tax treaty with US. Furthermore, Q9 is also all blank unless you are doing business with US as a company. Individual share investing is not considered as "business trading".<br /><br />Hope it helps. And do follow me at Facebook/knowthymoney or Twitter.<br /><br />Rgds,<br />KnowThyMoney Krishttps://www.blogger.com/profile/01618400061723721064noreply@blogger.comtag:blogger.com,1999:blog-36739260.post-53796422267704661192012-09-01T02:06:33.262+08:002012-09-01T02:06:33.262+08:00Hello there,
I was recently informed that I recei...Hello there,<br /><br />I was recently informed that I received a monetary award from a society in US. They actually required me to fill in this form and am glad to have found this blog for guidance. <br /><br />Would like to enquire regarding several matters<br /><br />1) Q8 = Am I able to give them a local Malaysian account number?<br /><br />2) The monetary award is actually a small scholarship for my education in Malaysia. How do I come about to filling in Q10? (As Malaysia has yet to have tax treaty with US.) Am rather confused on how to fill in part 2. <br /><br />Thank you for the help,<br />-Anastasia-Ewainehttps://www.blogger.com/profile/15959754507381904001noreply@blogger.comtag:blogger.com,1999:blog-36739260.post-85632445846360314722012-08-25T14:24:00.314+08:002012-08-25T14:24:00.314+08:00@Anonymous, if you are a Malaysian and filled up t...@Anonymous, if you are a Malaysian and filled up this form , there is NO dividend tax witholding :)Krishttps://www.blogger.com/profile/01618400061723721064noreply@blogger.comtag:blogger.com,1999:blog-36739260.post-22624803097077653862012-08-23T16:49:01.913+08:002012-08-23T16:49:01.913+08:00Thanks,
I understand that the witholding tax on U...Thanks, <br />I understand that the witholding tax on US dividends is 30% . What is rate of tax for Malaysians if they fill out the W-8BEN form?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-36739260.post-57550244112678581712012-02-07T11:38:46.916+08:002012-02-07T11:38:46.916+08:00Thanks, Andreas.
I always forget too since i need...Thanks, Andreas.<br /><br />I always forget too since i need to fill it once every 3 years :P<br /><br />So this post is a good reminder for me.Krishttps://www.blogger.com/profile/01618400061723721064noreply@blogger.comtag:blogger.com,1999:blog-36739260.post-87865266488694202302012-02-06T14:17:17.981+08:002012-02-06T14:17:17.981+08:00Cool. This was helpful. I always forget how to fil...Cool. This was helpful. I always forget how to fill out the form and looked around to find useful information online. When I came across your easy explanation, wow, I was relieved.Andreashttp://www.asiaminddynamics.comnoreply@blogger.comtag:blogger.com,1999:blog-36739260.post-69609596603465340362011-09-13T00:07:39.399+08:002011-09-13T00:07:39.399+08:00It is 30% flat rate tax witholding. Did you filled...It is 30% flat rate tax witholding. Did you filled in the W8BEN form when you opened up your brokerage account?<br /><br />Which brokerage are you using, if i may ask?<br /><br />KnowThyMoneyKrishttps://www.blogger.com/profile/01618400061723721064noreply@blogger.comtag:blogger.com,1999:blog-36739260.post-87116327525130259882011-09-12T19:05:54.451+08:002011-09-12T19:05:54.451+08:00Hi, bumped into your website after a search on W8B...Hi, bumped into your website after a search on W8Ben forms for Malaysians. Could you help to confirm what is the % witholding tax rate that will be witheld by the stock brokerages? 30% or less? And how are we able to claim it back as we're non-resident.<br /><br />Appreciate the help.<br />LeeAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-36739260.post-54033369537721057252011-08-04T23:02:06.185+08:002011-08-04T23:02:06.185+08:00Michael,
You should assist Malaysia by paying mor...Michael,<br /><br />You should assist Malaysia by paying more taxes on our behalf, instead of finding way to planning ahead to minimize tax :P lolKrishttps://www.blogger.com/profile/01618400061723721064noreply@blogger.comtag:blogger.com,1999:blog-36739260.post-83900730449005424132011-08-03T22:56:06.072+08:002011-08-03T22:56:06.072+08:00You sure about that?You sure about that?ChampDoghttps://www.blogger.com/profile/15551303930099640011noreply@blogger.comtag:blogger.com,1999:blog-36739260.post-75464483788970786772011-08-02T23:29:12.462+08:002011-08-02T23:29:12.462+08:0030% of mine is not much so I have been volunteerin...30% of mine is not much so I have been volunteering assisting USA economy for the past 10 years since they need it more than me :DMt.https://www.blogger.com/profile/11182268410762882679noreply@blogger.comtag:blogger.com,1999:blog-36739260.post-76674446308586350152011-08-01T20:45:45.982+08:002011-08-01T20:45:45.982+08:00Lieucf,
Some insists hard copy. It depends on you...Lieucf,<br /><br />Some insists hard copy. It depends on your brokerage. If they allow electronic, when the 3year expiry is near, they will surely prompt you to submit when you log into the internet trading account.Krishttps://www.blogger.com/profile/01618400061723721064noreply@blogger.comtag:blogger.com,1999:blog-36739260.post-86531812432444497402011-07-31T23:29:50.738+08:002011-07-31T23:29:50.738+08:00Hi guys, mine still insists that the original hard...Hi guys, mine still insists that the original hard copy is being mailed back to the brokerage. Each fill lasts 3 years right? What brokerage can submit the W-8BEN form electronically?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-36739260.post-60048502948863835722011-07-31T18:43:16.534+08:002011-07-31T18:43:16.534+08:00So far, my brokerage accounts, all requires me to ...So far, my brokerage accounts, all requires me to reenter the information manually again electronically. Or at least go through a few clicks. <br /><br />Certainly not a single push button :P Although i would greatly appreciate that.Krishttps://www.blogger.com/profile/01618400061723721064noreply@blogger.com