Rolph Naard, a resident of Norway who is a nonresident for U.S. tax purposes, owns 20,000 shares of Money Maker, Inc., a U.S. corporation. Money Maker, Inc. declares a $50,000 dividend to Rolph. Assuming the U.S. and Norway have an income tax treaty which reduces the Internal Revenue Code, Withholding tax rate on nonresident aliens and foreign corporations from 30% to 15%. 

What form must Rolph Naard provide to Money Maker, Inc. in order to obtain the reduced treaty withholding rate?

Answer rating: 100% (QA)

To obtain the reduced treaty withholding rate Rolph Naard must provide Mo... View the full answer