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U.S. IRS Publishes Revised Publication 901 on Income Tax Reductions / Exemptions under Tax Treaties

17 October 2016

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Treaty Development

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United States

The U.S. IRS has published Publication 901 (Rev. September 2016), which covers whether a tax treaty between the U.S. and a particular country offers a reduced rate of, or possibly a complete exemption from, U.S. income tax for residents of that particular country. The publication contains discussions of the exemptions from tax and certain other effects of the tax treaties on the following types of income: Pay for certain personal services performed in the U.S.; Pay of a professor, teacher, or researcher who teaches or performs research in the U.S. for a limited time; Amounts received for maintenance and studies...