Dear Client,
As part of our ongoing commitment to regulatory compliance and transparency, we are issuing this official notice regarding your Form W-8BEN, which certifies your non-U.S. tax residency in accordance with the U.S. Internal Revenue Service (IRS) requirements under Chapter 3 of the Internal Revenue Code.
Our compliance review indicates that your current W-8BEN certification has expired or will soon expire. Maintaining valid documentation is a mandatory IRS requirement for all non-U.S. individuals and entities receiving income from U.S. sources. The purpose of this certification is to ensure that the correct tax-treaty withholding rate is applied and that your account remains in good standing.
Failure to renew your documentation may result in the automatic imposition of the default 30% withholding rate on all relevant U.S.-source payments, including dividends, interest, royalties, and other types of reportable income. Additionally, delays or interruptions in income distribution may occur until your updated certification is received and verified.
To avoid these consequences and maintain your eligibility for tax-treaty benefits, please complete your renewal through our secure online submission portal:
Renew Form W-8BEN
The process is quick, secure, and compliant with all IRS electronic documentation standards. Should you require guidance or further clarification, our Compliance and Tax Operations teams are available to assist you.
We appreciate your immediate attention to this matter and your continued cooperation in maintaining the highest standards of global tax compliance.
Warm regards,
eToro Account Services
