w8 is a tax thing..... its like giving ur tax file number to a bank here...... it is not actually needed until a tax event happens.... so u only need to do it at the final place ur shares land after u do whatever u intend to do with them moving them about......
like banks here do not share TFN's with each other W8's are not shared either.... which is why they all want the same declaration done. there is no real urgency until u hit a US tax event to keep uncle sam out of ur hair and grabbing ur cash..
hope that makes sense.
IHL Price at posting:
4.1¢ Sentiment: None Disclosure: Not Held