Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Taxes (https://www.askmehelpdesk.com/forumdisplay.php?f=320)
-   -   Any Tax treaty with Pakistan providing divided tax relief (https://www.askmehelpdesk.com/showthread.php?t=343614)

  • Apr 19, 2009, 08:59 PM
    iffili
    Any Tax treaty with Pakistan providing divided tax relief
    Hello,

    I am a Pakistani citizen who had dividend income and the brokerage withheld 30% of the dividend amount and gave me a 1042S. Does anyone know if there is a tax treaty with Pakistan that reduces the 30% tax or even better exempts Pakistani nationals from dividend taxes.

    If yes, what do I need to file to get the refund.

    Your help will be greatly appreciated.

    Thanks
  • Apr 20, 2009, 10:21 AM
    Five Rings

    Yes, there is a treaty. See: http://www.irs.gov/pub/irs-trty/pakistan.pdf

    Unless you have a green card or are resident by substantial presence the tax on these dividends is indeed 30% even under the treaty terms. See: Publication 901 (4/2008), U.S. Tax Treaties

  • All times are GMT -7. The time now is 05:18 AM.