Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,899,177,719 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Nonresident Alien

   Also found in: Wikipedia 0.01 sec.
Non Resident Alien
In the United States, a foreigner who does not possess a green card and who has not been present in the United States for more than a certain number of days over a period of time. A non-resident alien is subject to a 30% tax on dividends that are taxable in the United States; however, he/she is not liable for capital gains taxes and is only taxed on income earned in the United States instead of worldwide income to which resident aliens and U.S. citizens are subject. See also: W-8.

Nonresident Alien
A person who is not a U.S. citizen and does not live in the United States, or lives in the United States and does not have a green card or does not meet the substantial presence test.


Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
 
However, an individual who otherwise meets the definition of a nonresident alien must be careful to avoid being classified as a resident alien under the substantial presence test of Sec.
financial institutions required to report and withhold tax on behalf of nonresident aliens (NRAs) in connection with the institutions' custodial or brokerage activities.
12 International Tax Issues for Individuals: Taxation of Resident and Nonresident Aliens Dec.
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.