If you received this message, our records indicate that your W-8 tax form on file with BMI is missing or expired. Update your tax form to ensure that your BMI royalty payments are processed without unnecessary delays or incorrect tax withholding.
If your W-8 tax form is not updated by the deadline, we are required to apply the default U.S. tax withholding rate of 30% to your royalty payments. This means a larger portion of your royalties could be withheld until we receive a valid tax form.
Comply E-Forms is an online tool for securely collecting and managing required tax forms. It allows non-U.S. affiliates to submit W-8 tax forms electronically, making the process faster, more reliable, and more secure.
Current BMI affiliates can access Comply E-Forms directly through this secure link: <a href=”https://bmi.complytaxforms.com/loginOBFX.aspx” target=”_blank” rel=”noopener noreferrer>Login | Comply Exchange
To get started, you’ll need all relevant tax information such as your foreign tax identification number (TIN). If you’re already a BMI affiliate, you’ll also need your BMI account number.
Once your current information is received and processed, we will adjust future royalty payments to reflect the applicable tax treaty rate. This may reduce or eliminate any related tax withholding.
We are legally unable to provide tax advice or guidance on how to complete your form, and we recommend you reach out to a qualified tax advisor if you need assistance. If you have general questions about the process, please contact taxforms@bmi.com.
The Comply E-Form submission process only accepts W-8 forms for non-U.S. affiliates. If you need to provide a W-9 or other tax form, please email your completed form directly to taxforms@bmi.com for processing.
