# Form W-8IMY

URL: https://pdf.net/pdf-forms/business-forms/form-w-8imy
Category: Business Forms
Attributes: Official IRS form, Trusted by accountants

Form W-8IMY is used by foreign entities to establish their status as an intermediary receiving U.S.-sourced income on behalf of another person or entity.

Select our fillable Form W-8IMY, open it in our PDF editor, and fill it out with relevant information. You can easily download it to your device when you’re done and submit it to the withholding agent or payer.

## Versions

- 2021 — [download PDF](https://cdn.sanity.io/files/i16te7yp/production/1e31bc6f553edbb62f23f0b79b5244baf3ed12ba.pdf)

## How to Fill Out the W-8IMY Form

Step 1: Open Form W-8IMY in our PDF editor.

Step 2: Complete Part I with the entity’s information and status.

Step 3: Select all claims that apply in Chapters 3 and 4, according to the Form W-8IMY instructions.

Step 4: Review the document and sign the certification statement.

Step 5: Submit the form to the withholding agent or payer who requested it.

## Facts

### What Is the W-8IMY Form?

The W-8IMY Form is used to certify a foreign entity’s status as an intermediary receiving U.S. income on someone else’s behalf. Essentially, its purpose is to pass relevant information to the payer or withholding agent.

### Who Is Required to Fill Out the W-8IMY Form?

Foreign intermediaries, foreign flow-through entities, and certain U.S. branches that receive income on behalf of other people should fill out Form W-8IMY. These entities are not beneficiaries themselves; instead, they pass the income to the actual owners.

### When Is the W-8IMY Form Due?

There is no specific due date for Form W-8IMY; instead, it should be filed before income is paid, credited, or allocated to your account. Essentially, the deadline is set by the withholding agent requesting it.

### What Are the Penalties for Not Submitting the W-8IMY Form?

The primary consequence of not submitting Form W-8IMY is that a flat 30% tax withholding rate on U.S. payments will be applied automatically, even if the beneficiary is eligible for a reduced tax rate. As a result, the beneficiary’s tax liability increases, and the withholding agent may be penalized if they withhold a reduced amount without this form.

### Where Do I File the W-8IMY Form?

You should file Form W-8IMY with the withholding agent who requests it, not the IRS. If you receive payments from several different agents, each one must receive a separate form.

## Related forms

- [Form W-8BEN](https://pdf.net/pdf-forms/tax-forms/w-8ben-form)
- [Form W-9](https://pdf.net/pdf-forms/tax-forms/form-w-9)
- [Form 1042-S](https://pdf.net/pdf-forms/tax-forms/form-1042-s)
- [Form 1099](https://pdf.net/pdf-forms/tax-forms/1099-form)
- [Form 1065](https://pdf.net/pdf-forms/tax-forms/form-1065)