USA - UAE double taxation, W8

[zzzzzz]

How is with double taxation for individuals between UAE-USA? Let's say you move to UAE‌ (from EU) and have some dividends from USA stocks. Do you just sign W8BEN and‍ are taxed with 15% witholding tax in USA?

 

[yngmind]

Yes, the⁠ dividends will be taxes from US in UAE. But I think it's 30% tax, not⁤ 15%.

 

[zzzzzz]

You mean USA witholding tax for dividends‍ and interest is 30% for UAE residents? Is there any double taxation avoidance treaty between⁠ USA and UAE? 30% witholding tax is the same as no treaty.

 

[yngmind]

There is no treaty between USA⁠ and UAE.

Some types of income will be taxed for 30% like dividends and royalties.⁤

 

[uplana]

What other country would you consider then ?

 

[zzzzzz]

Since there is no‍ treaty, do you know if USA also taxes capital gains if UAE resident made profits⁠ with USA stocks? Usually capital gains realized by non-resident aliens are not taxed in USA.⁤

 

[yngmind]

No, they don't.

Only dividends and⁠ royalties are taxes.

 

[Zaki]

regarding USA withholding tax
I put a lot of useful Infos in this thread
https://www.offshorecorptalk.com/th...sdiction-for-collecting-adsense-income.34374/