Replies to post #8294 on Interups Inc (ITUP)

[RealDutch]

It's called a withholding tax. So in this case the private company will withhold the tax. You don't have to pay them anything in the US.

[RealDutch]

https://taxsummaries.pwc.com/united-states/corporate/withholding-taxes

[palaypu0406]

It depends on the w9 form -- If the form is filled with US Tax ID Number, then Gross Dividend is paid out.
There is no obligation for companies in the US to withhold taxes for cash grants or dividends it pays to US Residents.
In case of non-US persons, tax is withheld based on treaty arrangements.