On August 14, 2012, the IRS released its draft form W-8IMY Certificate of Foreign Intermediary, Foreign Flow-Through Entity, or Certain U.S. Branches for United States Tax Withholding.

Institutions that are organized outside the United States, and classified for U.S. federal income tax purposes as a Partnership, Trust, Qualified or Non-Qualified Intermediary, or other non-U.S. flow-through entity, must complete an original Form W-8IMY (Certificate of Foreign Intermediary, Foreign Flow-Through Entity, or Certain U.S. branches for United States Tax Withholding) together with a withholding statement. Pass-through entities other than Qualified Intermediaries are required to include tax forms for each of the underlying beneficial owners.

Click here to view the draft Form W-8IMY.