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McGraw-Hill's Taxation of Individuals and Business Entities 3rd Edition by Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver
Edition 3ISBN: 9780078111068McGraw-Hill's Taxation of Individuals and Business Entities 3rd Edition by Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver
Edition 3ISBN: 9780078111068 Exercise 35
Colleen is a citizen and bona fide resident of Ireland.During 2011, she received the following income:
• Cash dividends of $2,000 from a U..corporation's stock.• Interest of $1,000 on a U..corporation bond.• Royalty of $100,000 from a U..corporation for use of a patent she developed.• Rent of $3,000 from U..individuals renting her cottage in Maine.Identify the U..withholding tax rate on the payment of each item of income under the U..Ireland income tax treaty and cite the appropriate treaty article.You can access the 1997 U..Ireland income tax treaty on the IRS Web site, www.rs.ov
• Cash dividends of $2,000 from a U..corporation's stock.• Interest of $1,000 on a U..corporation bond.• Royalty of $100,000 from a U..corporation for use of a patent she developed.• Rent of $3,000 from U..individuals renting her cottage in Maine.Identify the U..withholding tax rate on the payment of each item of income under the U..Ireland income tax treaty and cite the appropriate treaty article.You can access the 1997 U..Ireland income tax treaty on the IRS Web site, www.rs.ov
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McGraw-Hill's Taxation of Individuals and Business Entities 3rd Edition by Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver
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