The United States generally taxes U.S. source fixed and determinable, annual or periodic income earned by non-U.S. persons by applying a withholding tax to the gross amount of income.

Question

Quizplus · Accepted Answer

This is generally true for certain types of income such as interest, dividends, and royalties. However, there are certain exceptions and limitations to this rule, such as tax treaties with other countries and exemptions for certain types of income or foreign persons.

The United States Generally Taxes U