Colleen is a citizen and bona fide resident of Ireland. During the current year, she received the following income:
• Cash dividends of $2,000 from a U.S. corporation stock
• Interest of $1,000 on a U.S. corporation bond
• Royalty of $100,000 from a U.S. corporation for use of a patent she developed
• Rent of $3,000 from U.S. individuals renting her cottage in Maine
Identify the U.S. withholding tax rate on the payment of each item of income under the U.S.-Ireland income tax treaty and cite the appropriate treaty article. You can access the 1997 U.S.-Ireland income tax treaty on the IRS website, www.irs.gov.