Tax & Accounting Blog

IRS Corrects Error and Reissues Publication 515 for 2013 Tax Withholding on Nonresident Aliens and Foreign Entities

1042-S, 1099, Blog, ONESOURCE, ONESOURCE Nonresident Alien Taxation, Tax Information Reporting, Trust Tax March 13, 2013

If you downloaded IRS Publication 515 when the 2013 edition was first released by the IRS, you’ll need to replace it with a corrected version.

Publication 515, Withholding of Tax on Nonresident Aliens and Foreign Entities, provides information about withholding U.S. income tax, documenting the beneficial owners of U.S.-source income, and the claims a foreign person may make for a reduced rate of withholding or exemption from withholding under terms of an income tax treaty between the U.S. and the foreign person’s country.

The publication includes reference tables of treaty benefits. In the first 2013 edition, in Table 2, Compensation for Personal Services Performed in United States Exempt from U.S. Income Tax Under Income Tax Treaties, the listings for Jamaica, Japan, Kazakhstan, South Korea, Latvia, Lithuania, Luxembourg, Malta and Mexico were omitted. Now, however, the IRS has corrected the publication.

If you downloaded a PDF copy of Publication 515, make certain it is the corrected version with the date March 4, 2013 in the lower left corner of page 1. This March 4 version is now the only one on the IRS website.