# W-8BEN on your own & 30% withhold

**URL:** <https://forum.mustachianpost.com/t/w-8ben-on-your-own-30-withhold/2924>\
**Category:** Investing / Brokers\
**Created:** [December 16, 2019, 8:57pm UTC](https://forum.mustachianpost.com/t/w-8ben-on-your-own-30-withhold/2924 "2019-12-16T20:57:06Z")\
**Posts on this page:** 1\
**Showing post:** 31

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**Author:** ![OogieBoogie](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/oogieboogie/32/2003_2.png) [@OogieBoogie](https://forum.mustachianpost.com/u/OogieBoogie)\
**Post date:** [December 17, 2019, 8:30pm UTC](https://forum.mustachianpost.com/t/w-8ben-on-your-own-30-withhold/2924/31 "2019-12-17T20:30:37Z")

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This question was raised some times and according to that Swissquote is QI.

> [@US vs. IE based funds if you dont qualify for W8BEN](https://forum.mustachianpost.com/t/us-vs-ie-based-funds-if-you-dont-qualify-for-w8ben/1292/37):
>
> All Swiss brokers I know of (that is CS, Migrosbank and SQ) are Qualified Intermediaries. So for most us (domicile CH (i.e. with treaty) and QI) US takes 15%, this is “nicht rückforderbar” but at least it gets “angerechnet” by Switzerland (due to treaty) Switzerland takes another 15% (“zusätzlicher Steuerrückbehalt USA”) which gets refunded in the same way as Verrechnungssteuer, if u declare correctly. I would like to know which Swiss Broker is not “respectable” / a QI, cos I don’t know of a…

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