Internal Revenue Service to audit several colleges that it suspects have not adequately withheld taxes from foreigners who are not permanent U.S. residents. Number of colleges that it suspects; Motivation behind the campaign; Reaction of the college officials to the plan.Arnone...
According to the draft proposal, casino operators would be required to record all respective play history for both Japanese citizens and resident foreigners, with their winnings taxed as “temporary income”. The Kyodo report did not mention what the tax rate would for be for locals and for non...
Repeal of the Withholding Tax on Portfolio Debt Interest Paid to Foreigners: Tax and Fiscal Policies in the Context of Eurobond Financing1985] Repeal of Portfolio Interest Withholding 78 Incorporation of the IFS in a foreign jurisdictionprovided a means of avoiding US withholding on interest paid by...