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U.S. Withholding Tax Training

U.S. withholding tax rules under Chapter 3 (Non-Resident Alien Withholding Tax/ NRA) and Chapter 4 (Foreign Act Tax Compliance Act/ FATCA) of the U.S. Internal Revenue Code apply to investments in U.S. securities and products by non-U.S. investors, including investment firms, family offices and many fund structures.

Financial institutions usually ask investors for comprehensive tax packages and W-Forms often requiring disclosure of personal information. Failing to comply with such requests can block the investment opportunity or result in maximum U.S. withholding tax being deducted from the return on investment. 

This generic U.S. withholding tax training will take a closer look at the Chapter 3 and Chapter 4 withholding tax requirements.

How can these rules effect your operational process and investments in U.S. securities, regardless of whether you invest on your own behalf or on behalf of your customers. How do you determine your Chapter 3 legal entity status, arrive at a valid tax treaty claim on a Form W-8 and remain in control of your U.S. withholding tax exposure and disclosure of personal information. In this training you will receive practical guidance and best practices.

Target group
Tax specialists, asset managers and trust professionals.
The following topics will be covered:

• Introduction to U.S. withholding tax Chapters 3 and 4;
• Overview of legal sources and guidance materials;
• Components of a Form W-8BEN-E and Form W-8IMY;
• Chapter 3 legal entity classification;
• Requirements of a valid U.S. tax treaty claim;
• Connection with FATCA and Form 1042-S reporting by counterparts;
• Whether or not to disclosure personal investor information.
• Best practices and case examples.
What will the course provide me with?

• Upon completion, participants will have knowledge of the content and implications of the Chapter 3 and 4 withholding tax rules;

• Upon completion, participants will be able to deal with day-to-day W-8 Form challenges related to U.S. withholding tax documentation requests;

• In addition, participants have an understanding of the U.S. withholding tax legal framework and can relate this framework to your work environment and internal processes.

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Frequently Asked Questions

In Dutch or English.

The trainers at 3Masters work within the field of the training. They are specialists who engage with the training content daily. At 3Masters, we believe it is important that trainers have extensive experience and are enthusiastic about sharing their knowledge with participants.

Together with our trainers, we aim for an optimal trainer-to-participant ratio. Therefore, we work with training groups of approximately 12 participants, ensuring a good balance between experience, knowledge, and skills.

The training sessions can be organized both in-company and virtually. Together with the client, we determine what works best for the participants. Everything is possible, and our trainers are flexible.

The timing of the training will be determined in consultation with the client. Morning, afternoon, and evening sessions are all possible.

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