Tax FAQ
 

If Get Paid A Commission By A Foreign Company, Who Withholds Local Foreign Tax, How Do I Get It Back?

Question by sdcamy | Posted in United States

I reside in the US and travel worldwide for a society who pays my commission. Just recently I became an independent contractor for this company preferably of an employee. How do I get my withholding back. They are saying something like the country withholds 10% and I can get a "foreign tax praise" on my US returns?

Answer: Mirror the link below. IRS info on the foreign tax credit.

http://www.irs.gov/businesses/article/0, ,id=183263,00.html

And here is the specified form.
http://www.irs.gov/pub/irs-pdf/f1116.pdf
 
 

Withholding Tax From Foreign People?

Question by John W | Posted in Other - Taxes

I'm in Coalesced States and I have people that are working for me outside the United States, foreign people.

I gave them a W-8 imagine to fill out so I can withhold the taxes, but I heard that IRS is not very pleasant with the foreign country tax withholding.

My clients outside the Joint States have selected the following on the W-8 form.

9. The beneficial owner is a resident of within the gist of the income tax treaty between the United States and that

Answer: John, Charter out someone to answer your questions. You have asked 3 times and you aren't *getting* it.

If they are a US person (ratepayer or resident), they are subject to US withholding. You say they aren't.

if they do the work in the US, they are subject to US withholding.
You say they aren't.

Since they are NOT US persons and they are NOT doing the profession in the US, they are NOT subject to withholding.

The W-8BEN is used

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Withholding Tax From Foreign Countries?

Question by John W | Posted in Other - Taxes

This is my last certainly and thank you very much for all of your help.

If a person from foreign country works for me and I'm a business owner in Pooled States, am I required to withhold any of their taxes for IRS or I simply send them the full money without witholding any taxes for the IRS?

Also will I have to statement to the IRS the money I send to foreign countries for tax purposes?

Answer: Unless your corporation has a nexus in the foreign country you do NOT withhold foreign taxes. They are responsible for payment of the taxes in their woods.

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NRA Tax Withholding For Foreign Call Centers?

Question by Beto S | Posted in United States

My Call Center is contemporary to start doing bussines with American Companies so I am not sure if I am subject to NRA Withholding. I cotton on to that I am subject to NRA witholding if the property that produces the income is located in the United States or the services for which the receipts is paid were performed in the United States.

I have the following questions:

1: If a US Telecommunication Concern hires me to sell long distance plans for US customers and pays

Answer: I don't be informed the answer to your question, but I recommend PAYING a professional for an opinion on this issue. You may even apply for a 'private letter ruling. That basically means you present the facts to the IRS in advance and they outgoing and official written answer.

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Hi, How Much Is The Withholding Tax For Professional Svcs(conducted In Tokyo) Rendered By A Foreign Cmpy?

Question by ec | Posted in Other - Taxes


Answer: Warm question but to be honest I dont have any idea....ROB

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ataxingmatter: FATCA (foreign account tax compliance act--or is it ...

by LindaMBeale

p All of those efforts foreshadow thatpthere will be lots more data to path back to the perpetrators, andpa much greater admissibility opportunity that those infuriating to duck taxes or support people in evading taxes will be caught. p Of ambit, the most extraordinary part of thatphas been the ceaseless feud with UBS, a Swiss bank that facilitated tax evasionpby US taxpayerspunder the Swiss banking mystery rules. p Meantime, Germanyphas purchased bumf on about 20,000 Swiss under cover accounts, in its great efforts to stay tax lying. The notice of US tax enforcement has been focused on offshore issues for some moment. p The more northerly housephas now re-approved the fix, with the foresee that the discredit race will now act in at all times to have the pact approved before the June 18 end of the period. The higher residence approved, but the trim business balked. p But then a Swiss courtpintervened, requiring a conformist affirmation of the compact....

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