Purpose of Form
This form is used by foreign entities to document their
status for purposes of chapter 3 and chapter 4, as well as
for certain other code provisions.
Foreign persons are subject to U.S. tax at a 30% rate
(the foreign-person withholding rate) on income they
receive from U.S. sources that consists of:
Interest (including certain original issue discount (OID));
Dividends;
Rents;
Royalties;
Premiums;
Annuities;
Compensation for, or in expectation of, services
performed;
Substitute payments in a securities lending transaction;