Are there any U.S. withholding requirements with respect to these interest and dividend payments? Please explain Briefly.
Fantastic news! We've Found the answer you've been seeking!
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 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.
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
Posted Date: