Is a W-8 required when there is no reportable income?
November 6, 2019
Q. If we have a foreign vendor that did not have any reportable income, are we required to have a W-8 on file?
(Answered by COKALA Tax Information Reporting Solutions, LLC, a 3rd party, independent advisory services firm offering experienced and practical help for tax regulatory compliance for Forms W-9, W-8, W-2, 1099, 1098, 5498, 945, 1042, 1042-S, and state reporting. You can learn more about them at www.cokala.com.)
If the payment is not reportable on any Form 1099 or on the Form 1042-S,…
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