The W-8BEN-E actually has the same official title by the IRS as the W-8BEN: “Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding and Reporting.”

The W8BEN-E is used for the exact same reasons as the W-8BEN except it applies to foreign entities that are owners of businesses in the US who receive non-business income.

The same tax rate will apply to the entity receiving this income.