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Author: edppas Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 124970  
Subject: Capital gains tax for non-resident aliens Date: 9/25/2000 5:50 PM
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I know that this has been discussed before and here I go bringing it up again.

But I have read all the posts I could find and the related IRS publications as well (although they were a lot less enjoyable than your "posts"). And I am non the wiser(Oops, I suppose that should have been, I am still not foolish enough).

Previous posts to this board seem to state quite categorically that non-resident aliens do not have to pay capital gains tax - Great, since I am one.

But when I read "Publication 505" from the IRS, I got confused again. In table 1 part 2 of said publication
there is a row that says "Other countries", and in the Capital Gains column it says 30%.

I presume that "Other Countries" mean all countries not in the table which is >95% of all countries in the world, and since I live in one of those, Panama, this would seem to apply to me.

Does anyone know what goes?

Best regards
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