Tax Information and Reporting - US - Initial Application & Data Collection

Tax InformationTax Information

Tax Information and Reporting

US Persons & Entities

Initial Application & Data Collection


All US citizens, Green Card holders and other legal residents are considered US persons by the IRS and are required to complete Form W-9, Request for Taxpayer Identification Number and Certification, when they apply to open an account. Entities formed or operating in the United States are also treated as US persons. If you are an individual, include your social security number (SSN). If you are an entity, your employer identification number (EIN) is required.

US resident aliens will also be required to complete Form W-9 and provide a social security number (SSN). A resident alien is considered a US resident if one of the following criteria has been met: you are a lawful permanent resident issued a resident alien registration card ("Green Card"), or you are an individual with a valid nonimmigrant visa who resides in the US for a required period of time and you have established a substantial presence. Refer to IRS Publication 519, US Tax Guide for Aliens, for further information.

Generally, there is no US tax withholding required from the account of US persons or entities. However, the IRS may direct us to withhold on the accounts of US persons or entities on dividends, payments in lieu, and interest.


Note:

IRS Circular 230 Notice: These statements are provided for information purposes only, are not intended to constitute tax advice which may be relied upon to avoid penalties under any federal, state, local or other tax statutes or regulations, and do not resolve any tax issues in your favor.

Pursuant to the Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Act 2019, Interactive Brokers Australia Pty. Ltd. has prepared the following target market determinations relating to certain financial products for which it is deemed to be the issuer. Our Target Market Determinations are located here: Target Market Determinations.

Product Disclosure Statements are also available for each of these products. You should carefully consider these Disclosures in deciding whether to acquire, or to continue to hold, the relevant financial product.