Archive for the ‘Banking in Berlin’ Category

W-8BEN: Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding, Pistachio Ice Cream, and Hoola Hoops

Saturday, October 4th, 2008

So now that I’ve set up a trading account at my bank and traded successfully for nearly a year, Sparkasse wants me to fill out this form declaring my tax status as a foreigner. As usual, the form lacks clarity and sense (it doesn’t even feature instructions - you have to look for those elsewhere), so I’ve found a page online with tips for Canadians on how to fill it out.

Interestingly enough, it all seems to be mostly U.S. tax law for the IRS, so I’m a little puzzled about why it involves me… I’ll fill out only as little as required and send it back to my bank. For most of you who have read this blog, you know that I hate tax (tax is theft imposed on you via coercion by a handful of illegitimate ‘elected’ individuals), but I’ll play along until I naturalise…