I have seen a number of new Indian Instructors ask a question: How to update the Udemy Tax Form? In that, there are two situations.
In this post, I will share the details of How I completed the tax form for Situation 1: As an Organization from India. You will be using form W-8BEN-E. Please read the disclaimer before you proceed.
As I understand, most of you may be stuck on point 14b only. So, I am addressing this at the beginning of the post. For my organization, the only correct item was Company with an item of income that meets active trade or business test.
Details of how I filled out my W-8BEN-E Tax Form are outlined below:
Part 1: Identification of Beneficial Owner
9a GIIN: Left Blank
9b Foreign TIN: Entered the PAN Number of my organization
10. Reference Number: You know what number to update here
Part 2: is all left blank
Part 3: Claim of Tax Treaty Benefits (if applicable)
14a The beneficial owner is a resident of India...
14b The beneficial owner derives the item (or items)…: Selected Company with an item of income that meets active trade or business test
14c Left Blank
Parts IV to Part XXIX are left blank
Part XXX Added the Signature, Self Certification, and Date.
I hope this is helpful 🙂
What to select when asked "Is the submission being made to claim treaty benefits on items not covered by the representations made above and where special withholding rates and conditions may apply?"