A person who is not a citizen of the United States or does not maintain a tax residence within the country. NRAs are subject to special tax consideration. NRAs also include foreign fiduciaries, foreign partnerships, and foreign corporations. Form W-8 (BEN, ECI, EXP, IMY) has to be obtained from all persons claiming NRA status. For individuals, Form W-8 BEN will generally be the appropriate form. Payments to properly documented NRAs are generally exempt from IRS 1099 reporting and backup withholding rules. However the tax law requires 30% NRA withholding rate. Special Internal Revenue Code (IRC) provisions or income tax treaties may reduce or eliminate this withholding. Note: The old IRS Form W-8 will expire on December 31, 2000. You must file a new Form W-8 (BEN, ECI, EXP, IMY) before January 1, 2001, to be treated as an NRA.

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