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Results tagged with withholding
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user 55816
related to the practice, at times required by law, of deducting money upfront before paying the balance. Generally used in the context of taxes.
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How to be exempt from backup withholdings
if you wish to not allow your agent to withhold tax then you need to submit W8 Ben. But in your case its not likely to happen. As you are not allowed. Please read below statement by IRS.
Do not u …
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Will backup withholding be applied in this scenario?
But the question is “if I won’t fill the tax form, does the broker will apply backup withholding of 24% for any sales proceeds?” … Note, when the custodian was located in UK, backup withholding was not applied unless I fill positive US FATCA questionnaire. …
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