- Membership
- Certification
- Events
- Community
- About
- Help
Handling 1042 Forms for Foreign Vendors: Key Considerations for Tax Treaty Benefits
January 15, 2025
Q.
We have a 1042 Vendor that a citizenship of one foreign country and permant address is in another foreign country.
We have two questions just to make sure we are handle it properly:
Where do we need to mail the 1042 form?
If the vendor claim treaty benefits, which country of the treaty benefits that it need to use?
A.
(Answered by IOFM's third-party tax expert)
The answers to both questions are related. Tax treaty benefits are based on the recipient's country of residence as per the tax…
Naturally, this forum doesn’t allow the kind of full information exchange necessary for the Institute of Finance & Management (IOFM) to provide legal advice and the Expert is not a tax attorney in any event. Please understand that the nature of our responses are limited by these constraints as well as the site’s Terms of Use. If you have further questions or suggestions about how we can improve IOFM, please let us know.
Ask The Expert is a member resource of IOFM and all advice provided is subject to site’s Terms of Use.
What are you waiting for?
