Nonresident Aliens. Pursuant to 26 U.S.C. §1441, Minnesota State is required to withhold certain federal income taxes on the gross compensation paid to nonresident aliens, as defined by Internal Revenue Code §7701(b). Minnesota State will withhold all required taxes unless and until CONSULTANT submits documentation required by the Internal Revenue Service indicating that CONSULTANT is a resident of a country with tax treaty benefits. Minnesota State makes no representations regarding whether or to what extent tax treaty benefits are available to CONSULTANT. To the extent that Minnesota State does not withhold these taxes for any reason, CONSULTANT agrees to indemnify and hold Minnesota State harmless for any taxes owed and any interest or penalties assessed.
Nonresident Aliens. If the Contractor is a nonresident alien individual, partnership, limited liability company, corporation or other business entity, Contractor or its representative expressly covenants and agrees to cooperate fully with University’s staff to provide necessary documentation to determine proper withholding, if any, of U.S. taxes from payment to Contractor in accordance with Internal Revenue Code and the Federal Regulations promulgated thereunder. Nonresident alien contractors are subject to 30% tax withholding.
Nonresident Aliens. If the Employer elects in its Adoption Agreement to exclude Nonresident Aliens from eligibility to participate, the exclusion applies to any Nonresident Alien Employee who does not receive any earned income, as defined in Code §911(d)(2), from the Employer which constitutes United States source income, as defined in Code §861(a)(3).
Nonresident Aliens. Pursuant to 26 U.S.C. §1441, MnSCU is required to withhold certain federal income taxes on the gross compensation paid to nonresident aliens, as defined by Internal Revenue Code §7701(b). MnSCU will withhold all required taxes unless and until CONTRACTOR submits documentation required by the Internal Revenue Service indicating that CONTRACTOR is a resident of a country with tax treaty benefits. MnSCU makes no representations regarding whether or to what extent tax treaty benefits are available to CONTRACTOR. To the extent that MnSCU does not withhold these taxes for any reason, CONTRACTOR agrees to indemnify and hold MnSCU harmless for any taxes owed and any interest or penalties assessed.
Nonresident Aliens. Pursuant to 26 U.S.C. §1441, Minnesota State is required to withhold certain federal income taxes on the gross compensation paid to nonresident aliens, as defined by Internal Revenue Code §7701(b). Minnesota State will withhold all required taxes unless and until Contractor submits documentation required by the Internal Revenue Service indicating that Contractor is a resident of a country with tax treaty benefits. Minnesota State makes no representations regarding whether or to what extent tax treaty benefits are available to Contractor. To the extent that Minnesota State does not withhold these taxes for any reason, Contractor agrees to indemnify and hold Minnesota State harmless for any taxes owed and any interest or penalties assessed. Entertainers. Pursuant to Minnesota Statutes 290.9201, Minnesota State is required to withhold a two percent (2%) tax on the gross compensation, including reimbursable expenses, paid to non-Minnesota entertainers for any performance in Minnesota.
Nonresident Aliens. Pursuant to 26 U.S.C. §1441, MINNESOTA STATE is required to withhold certain federal income taxes on the gross compensation paid to nonresident aliens, as defined by Internal Revenue Code §7701(b). MINNESOTA STATE will withhold all required taxes unless and until CONTRACTOR submits documentation required by the Internal Revenue Service indicating that CONTRACTOR is a resident of a country with tax treaty benefits. MINNESOTA STATE makes no representations regarding whether or to what extent tax treaty benefits are available to CONTRACTOR. To the extent that MINNESOTA STATE does not withhold these taxes for any reason, CONTRACTOR agrees to indemnify and hold MINNESOTA STATE harmless for any taxes owed and any interest or penalties assessed.
Nonresident Aliens. If the Artist is a nonresident alien individual, partnership, or corporation, the Artist or Artist’s representative expressly covenants and agrees to perform all obligations and to cooperate fully with University to provide necessary documentation to determine proper withholding, if any, of U.S. taxes from payment to contractor in accordance with Internal Revenue Code and Federal Regulations promulgated there under. In the event Artist is a nonresident alien, Artist shall be subject to 30% tax withholding. Artist or Artist’s representative assumes all liabilities as the withholding agent pursuant to the requirements of the Internal Revenue Code and the Federal Regulations promulgated there under.
Nonresident Aliens. A nonresident alien as defined in section 7701(b)(1)(B) is an eligible beneficiary of an ESBT. However, see paragraph (m)(4)(i) and (m)(5)(iii) of this section if the non- resident alien is a potential current beneficiary of the ESBT (which would result in an ineligible shareholder and termination of the S corporation elec- tion).
(iii) Interests acquired by purchase. A trust does not qualify as an ESBT if any interest in the trust has been ac- quired by purchase. Generally, if a per- son acquires an interest in the trust and thereby becomes a beneficiary of the trust as defined in paragraph (m)(1)(ii)(A), and any portion of the basis in the acquired interest in the trust is determined under section 1012, such interest has been acquired by pur- chase. This includes a net gift of a ben- eficial interest in the trust, in which the person acquiring the beneficial in- terest pays the gift tax. The trust itself may acquire S corporation stock or other property by purchase or in a part-gift, part-sale transaction.
Nonresident Aliens. A nonresident alien (NRA), as defined in section 7701(b)(1)(B), is an eligible beneficiary of an ESBT and an eligible potential current beneficiary.
(iii) Interests acquired by purchase. A trust does not qualify as an ESBT if any interest in the trust has been ac- quired by purchase. Generally, if a per- son acquires an interest in the trust and thereby becomes a beneficiary of the trust as defined in paragraph (m)(1)(ii)(A), and any portion of the basis in the acquired interest in the trust is determined under section 1012, such interest has been acquired by pur- chase. This includes a net gift of a ben- eficial interest in the trust, in which the person acquiring the beneficial in- terest pays the gift tax. The trust itself may acquire S corporation stock or other property by purchase or in a part-gift, part-sale transaction.
Nonresident Aliens. A nonresident alien as defined in section 7701(b)(1)(B) is an eligible beneficiary of an ESBT. However, see paragraph (m)(4)(i) and (m)(5)(iii) of this section if the non- resident alien is a potential current beneficiary of the ESBT (which would result in an ineligible shareholder and termination of the S corporation elec- tion).
