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A W 9 Form  University of Rhode Island  Urifoundation

A W 9 Form University of Rhode Island Urifoundation

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Instructions and help about A W 9 Form University Of Rhode Island Urifoundation

Hey There YouTube so for this video I wanted to cover how to complete W9 or the W8 BM for a US LLC that is owned by a foreign person so we have a foreign person single member LLC and the question most often ask is which withholding certificate do I complete so I've got the W9 in front of us form W8 Ben um and then one slide in front of us as well where going to go through a fact pattern what the rules are and then ultimately which withholding certificate do you need to complete so the fact pattern we're going to work with here is we have a person here Frank Ocean he is a citizen and tax resident of Germany um so Frank decides to open a Delaware LLC he calls it Frank's Consulting LLC and he's going to Own 100% of the LLC units now Frank does not make any entity classification elections via form 8832 and that's important um you'll see later on in the slide why that's relevant right so this entity he sets it up he owns 100% of it um

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