U.S. withholding tax for asset managers and family offices

Image at Triple Tax Services discussing US withholding tax regulations and how to populate a IRS Form W-8

When investing in U.S. securities, investors are frequently required to submit Form W-8 and W-9 packages to their banks and counterparts. These packages require underlying analysis and often contain sensitive personal investor information. Failure to provide these packages may block access to bank accounts, investment opportunities or may result in maximum U.S. withholding tax rates being applied, ultimately reducing the return on investment.

We are unique partner for professional investors and family offices investing in U.S. securities. Our team is experienced in the application of U.S. withholding tax rules under ‘Chapter 3 (NRA)’ and ‘Chapter 4 (FATCA)’ within the EU. We are used to working on the intersection between U.S. withholding tax requirements and local EU company law, Know-Your-Customer rules, and data privacy restrictions. We provide comprehensive support for investment firms.

Our services include:

  • EXPERT ADVICE

    Including assessment of your Chapter 3 and Chapter 4 W-8BEN-E statuses.

  • POLICY & PROCESS

    Design or review, including on how to manage investor information for U.S. withholding tax.

  • TRAINING

    Understanding and applying the rules, in classroom or virtually.

ADVISORY

  • MANAGED SERVICE

    We can provide full execution support for your U.S. withholding obligations, such as:

    • Prepare all necessary documentation;

    • Review documentation;

    • Participate in discussions with counterparties on obligations and responsibilities.

OUTSOURCING

  • COST-BENEFITS ASSESSMENT

    Whether to obtain or maintain Withholding Foreign Partnership (WP) status.

  • PERIODIC REVIEW (AUDIT)

    Standardized and scalable approach, in line with IRS requirements.

WITHHOLDING FOREIGN PARTNERSHIPS

We welcome any questions you may have about U.S. withholding taxes and our service offerings. Please contact us. at: info@tripletax.eu.

Want to know more about U.S. withholding tax and information reporting rules? Read our Library explainers on: