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| - quote - > > > The Sadam boys' informant looks to collect both $15 million
Even if paid out of the US. Does that mean that all> > > rewards. Are these tax free? > > Depends on the tax laws, or lack thereof, of the Iraqui > > nation. > > > (I can see it now: U S Treasury official demanding a W-9 > > form from the pigeon. "Otherwise, we have to withhold > > 31%!") ![]() > As the claimants are presumably non-resident aliens, they > will be required to file a W-8BEN (or some other variety of > W-8), rather than a W-8. Documentary proofs of identity and > residence in a foreign country will be required. Originals > of the documents, or a copy certified by a US notary, must > be presented. nonresident alien employees of say an Australian branch of Ford have to fill out that form? We are taking about things outside the jurisdiction of the US. -- Frederick E. Jorden http://Tax-Accounting-Payroll.com 7825 Midlothian Tpk - 207 Richmond, VA 23235-5247 EMAIL knowtax[at]bigfoot.com (804) 320-6210 FAX (804) 320-6211 << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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| - quote - > > The Sadam boys' informant looks to collect both $15 million
As the claimants are presumably non-resident aliens, they> > rewards. Are these tax free? > Depends on the tax laws, or lack thereof, of the Iraqui > nation. > (I can see it now: U S Treasury official demanding a W-9 > form from the pigeon. "Otherwise, we have to withhold > 31%!") ![]() will be required to file a W-8BEN (or some other variety of W-8), rather than a W-8. Documentary proofs of identity and residence in a foreign country will be required. Originals of the documents, or a copy certified by a US notary, must be presented. --vld. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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| hfs2 wrote: - quote - > The Sadam boys' informant looks to collect both $15 million
Depends on the tax laws, or lack thereof, of the Iraqui> rewards. Are these tax free? nation. (I can see it now: U S Treasury official demanding a W-9 form from the pigeon. "Otherwise, we have to withhold 31%!") ![]() cheer$, Harlan Lunsford, EA in LA << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| federal, free, rewards, tax |
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| Re: Federal rewards, Tax free? Gene E. Utterback, EA: "hfs2" <hfs2@yahoo.com> wrote: > The Sadam boys' informant looks to collect both $15 million > rewards. Are these tax free? Define taxes -... | Taxes | 1 | 07-25-2003 02:28 AM | |
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