Tag Archive for FATCA Forms

Act Now! Revised FATCA Final Regs And 2014 Forms Now Available!

The following FATCA Forms and Instructions for 2014 are now available on the IRS.GOV Forms and Publications Website:

• Form 1042

• Form 8966

• Form W-8BEN

• Instructions to Form W-8BEN

• Form W-8ECI Read more

Overall Burden Calculation On FATCA Revised Forms

TaxConnections Picture - Tax On BackForm W-8BEN-E? 25.23 hours!

In the October 24, 2013 Federal Register, the Internal Revenue Service requested comments on Forms W–8BEN, W–8BEN–E, W–8ECI, W–8EXP, and W–8IMY as revised for Foreign Account Tax Compliance Act – FATCA. Included with their request for comments is a time estimate for purposes of an overall burden calculation.



Form Number of Respondents Time per respondent/hours Total annual burden hours
W-8BEN 3,000,000 7.18 21,540,000
W-8BEN-E 100,000 25.23 2,523,000
W-8ECI 180,000 9.13 1,643,400
W-8EXP 240 20.05 4,812
W-8IMY 400 25.23 10,092