I am an Indian citizen. I was in US on H1b visa and joined a company there. I was awarded some stock units of the company when I joined. After 2 years of joining, I transferred to a different team in India within the same company. I still have pending stock awards as part of the joining offer.
Now, while I was in US, I used Fidelity to open a Stock plan and Servies account in the US to get these stock awards. I have talked to Fidelity again after moving and they are opening an international stock plan account and moving my vesting there. As part of setting up this account, I have to fill out a W8-BEN form to reduce my tax withholding.
I need help filling out the Part II of the form. I have read the tax treaty article, but I still don't understand what to fill in the following areas:
What should I enter in the provisions of Article and Paragraph?
What is the lowest % rate can I claim in my case.
What goes into "explain the conditions" part?
Can someone please help with this?