TMI BlogDTAA applicability on income of NRI, resident in 3rd countryX X X X Extracts X X X X X X X X Extracts X X X X ..... Can a NRI (who is neither a resident of US nor India) claim DTAA benefits on royalty income earned from an entity in US. This NRI pays taxes on his Indian income and hence has a 'Foreign tax id ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... entifying number (PAN number)'. Note that on filing of successful W-8BEN (Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding and Reporting (Individuals)' form ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , the withholding tax rate gets reduced to 15% (from 30%) on the royalty income earned from US entity. Further what is the position, if this NRI is resident of a 3rd country (say UAE) which does no ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t have a DTAA treaty with US. This could be because UAE does not have income taxes. What happens to the witheld tax by US, at whichever rate applicable (15% or 30%). Is the NRI required to file retu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rns in US . Also (if eligible for DTAA) as this income would qualify for 'Exemption method', would disclosing it under 'Exempt Income' suffice for that NRI's Indian tax returns c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ompliance . - DTAA applicability on income of NRI, resident in 3rd country - Query Started By: - Roger Pinto Dated:- 24-1-2017 Income Tax - Income Tax - Discussion Forum - Knowledge Sharing, reply ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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