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Subject Author Date
question about Non Resident (NRA) tax withheld kb 04-12-2008
Posted by kb on April 12, 2008, 4:59 pm
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 Hi,

I fall into the NRA Non Resident category and after opening an account
with a USA broker, was required to file the W8-Ben form.

If my stock paid a dividend, is it true that 30% (or a percentage) of
the dividend will be withheld from me
due to my status as NRA investor?

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Posted by parrisbraeside@yahoo.ca on April 14, 2008, 9:00 pm
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> Hi,
>
> I fall into the NRA Non Resident category and after opening an account
> with a USA broker, was required to file the W8-Ben form.
>
> If my stock paid a dividend, is it true that 30% (or a percentage) of
> the dividend will be withheld from me
> due to my status as NRA investor?
>

yes

--
<< ------------------------------------------------------- >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2007) - All rights reserved. >>
<< ------------------------------------------------------- >>

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