Question
Are there any U.S. withholding requirements with respect to these interest and dividend payments? Please explain Briefly. Harold, a nonresident alien, owns 5% of USA
Are there any U.S. withholding requirements with respect to these interest and dividend payments? Please explain Briefly.
Harold, a nonresident alien, owns 5% of USA co, a U.S. corporation. USA co pays Harold a $1,000 dividend during the current year. Harold also purchases an unassignable bond issued by USA co, and receives a $2,000 payment.
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Yes there are US withholding requirements with respect to interest and dividend payments made to non...
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
