IRS Issues 2006 Publication 515 on Nonresident Alien Withholding

February 21, 2006 – The IRS has published the 2006 version of Publication 515, Withholding of Tax on Nonresident Aliens and Foreign Entities. This publication contains tables that show withholding tax rates for payments, including distributions from retirement arrangements, to nonresident aliens. The rates are shown by country, indicating whether a treaty rate has been established in lieu of the general withholding rate of 30 percent for such distributions.

Publication 515 may be accessed at http://www.irs.gov/pub/irs-pdf/p515.pdf.