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Foreign Recipients of U.S. Income, Calendar Year 2015.

U.S.-source income payments to foreign persons, as reported on Form 1042-S, Foreign Person's U.S.-Source Income Subject to Withholding, rose to $824.3 billion for Calendar Year 2015. This represents an increase of 13.2 percent from 2014. U.S.-source income payments subject to withholding tax rose by 24.2 percent from 2014, which fueled an increase in withholding taxes of 13.1 percent. Despite these increases, 85.7 percent of all U.S.-source income paid to foreign persons remained exempt from withholding tax. The residual U.S.-Source income subject to tax was withheld at an average rate of 15.6 percent.

Entities such as financial institutions, businesses, and academic institutions that report U.S. payments to nonresident aliens are considered withholding agents. The Internal Revenue Code (IRC) requires withholding agents to withhold tax from U.S.-source fixed, determinable, annual, or periodic (FDAP) income paid to foreign persons. This is commonly referred to as Chapter 3 withholding or nonresident alien (NRA) withholding. The withholding agent is required to report aggregate U.S.-source FDAP payments made and any associated tax withheld in a calendar year on Form 1042, Annual Withholding Tax Return for U.S.-Source Income of Foreign Persons. Furthermore, payments to foreign recipients are reported to the IRS on Form 1042-S; a copy is provided to the payee. Form 1042-S is used to report many types of income, including, but not limited to, interest, rents, royalties, corporate distributions, pension income, and gambling winnings.

Data Overview for 2015

In 2015, the majority of U.S.-source income paid to foreign persons (69.1 percent) went to only 12 countries (Figure A, Part 1). Foreign persons from the United Kingdom received $108.6 billion (13.2 percent of the total) in U.S.-source income payments, a decrease of 24.7 percent from 2014. Recipients from the United Kingdom received $40.7 billion more than any other country. United Kingdom corporations received 24.8 percent of all payments to corporate recipients. Recipients from the Cayman Islands received $71.2 billion (8.6 percent), an increase of 36.8 percent from 2014. Japanese recipients of U.S.-source income collected $67.9 billion (8.2 percent) and Canadian recipients collected $49.3 billion (6.0 percent). Meanwhile, Luxembourg ($47.1 billion) and China ($46.7 billion) each accounted for approximately 5.7 percent of U.S.-source income in 2015.

Foreign recipients located in the 12 countries displayed in Figure A, Part 2, combined, paid $9.7 billion in withholding taxes, or 65.1 percent of the total, in 2015. Recipients in the Cayman Islands paid $2.6 billion in withholding taxes (14.0 percent of the total), the most of any country, which was an increase of 12.3 percent from 2014. Recipients from Luxembourg paid nearly $2.1 billion in withholding taxes (11.2 percent), a jump of 20.5 percent from the previous year.

Treaty vs. nontreaty countries

Tax treaties are one of the primary reasons behind relatively low withholding tax rates on payments of U.S.-source income to foreign persons. Some 66 countries had treaties in force with the United States (Table 1) in 2015. Nearly 75.2 percent of all payments reported on Form 1042-S went to recipients in treaty counties during 2015. Foreign recipients from tax treaty countries received 70.2 percent of total U.S. income paid to foreign persons and paid 61.4 percent of all withholding taxes. Canadian recipients had the largest amount of U.S.-source income subject to tax among all treaty countries and paid 8.7 percent of total withholding taxes. Recipients from the United Kingdom paid $1.2 billion in withholding taxes in 2015 (6.5 percent). Recipients of U.S. income payments subject to withholding from treaty countries had taxes withheld at an average rate of 15.1 percent, compared to 15.6 percent on payments made to residents of nontreaty countries.
Figure A1
Percentage of Total U.S.-Source Income Paid to Foreign Persons Under
Chapter 3, as Reported on Form 1042-S, by Country of Foreign Recipient,
Calendar Years 2014 and 2015

                  2014 $728.2 billion  2015 $824.3 billion

United Kingdom    19.8                 13.2
Cayman Islands     7.1                  8.6
Japan              9.7                  8.2
Canada             7.8                  6.0
Luxembourg         6.3                  5.7
China              1.5                  5.7
Switzerland        6.6                  5.5
France             6.1                  4.8
Netherlands        4.4                  3.7
Ireland            3.3                  3.0
Germany            3.4                  2.7
Belgium            3.4                  2.0
Other countries   20.5                 30.9

NOTE: Form 1042-S, Foreign Person's U.S.-Source Income Subject to
Withholding.
SOURCE: IRS, Statistics of Income Division, Individuals, Withholding on
Foreign Recipients of U.S. Income, October 2017.

Note: Table made from bar graph.

Figure A2
Percentage of Total Taxes Withheld on U.S.-Source Income Paid to
Foreign Persons Under Chapter 3, as Reported on Form 1042-S, by Country
of Foreign Recipient, Calendar Years 2014 and 2015

                          2014 $16.3 billion  2015 $18.4 billion

Cayman Islands            14.1                14.0
Luxembourg                10.5                11.2
Canada                    10.3                 8.7
United Kingdom             7.4                 6.5
Swilzeriand                6.3                 5.3
Ireland                    5.6                 5.3
Australia                  4.1                 3.5
Japan                      2.7                 2.4
Germany                    2.5                 2.4
British Virgin Islands     2.1                 2.1
Mexico                     1.8                 2.0
Bermuda                    2.0                 1.7
Otner countries           30.6                34.9

NOTE: Form 1042-S, Foreign Person's U.S.-Source Income Subject to
Withholding.
SOURCE: IRS, Statistics of Income Division, Individuals, Withholding on
Foreign Recipients of U.S. Income, October 2017.

Note: Table made from bar graph.


Residents in 14 nontreaty jurisdictions received more than $1 billion of U.S.-source income in 2015: the Bahamas, Bermuda, Brazil, the British Virgin Islands, the Cayman Islands, Chile, Guernsey, Hong Kong, Jersey, Kuwait, Saudi Arabia, Singapore, Taiwan, and the United Arab Emirates. Nontreaty countries combined to account for $245.8 billion of total U.S.-source income and $7.1 billion of total tax withheld.

Types of U.S.-source income

The primary types of U.S.-source income paid to foreign recipients as reported on Form 1042-S in 2015 remained consistent with previous years (Figure B). Interest payments totaled $408.7 billion, which was an increase of 36.4 percent from 2014, and accounted for 49.6 percent of total gross income, an increase of 8.4 percentage points from the previous year. Dividends paid to foreign persons rose by 2.6 percent to $205.2 billion, and they accounted for 24.9 percent of total gross income. Payments of rents and royalties to foreign persons totaled $50.7 billion or 6.2 percent of total gross income. Notional principal contract income fell by 29.7 percent to $47.2 billion in 2015, and it was the only major income category that declined from 2014. (See the Explanation of Selected Terms section of this article for a definition of notional principal contract.)

Income subject to withholding

U.S.-source payments to foreign persons are commonly exempt from withholding tax. The primary reasons for withholding exemptions are either due to a tax treaty between the United States and the recipient's country of residence, or the fact that the specific type of income (portfolio or bank deposit interest, for instance) is exempt under an Internal Revenue Code section. Income effectively connected with a U.S. trade or business is also exempt from withholding. However, over $118.2 billion (14.3 percent) of total U.S.-source income payments to foreign persons was subject to tax in 2015.

Figure C presents the percentages of U.S.-source income paid to foreign persons and income subject to withholding by income category in 2015. This figure illustrates the differences that exist with respect to the taxation of certain types of income reported on Form 1042-S. For example, dividends comprised a majority (78.3 percent) of income subject to tax, despite accounting for only 24.9 percent of total income. Dividend income subject to withholding was taxed at an average effective rate of 15.9 percent. While dividends are taxed at comparatively high rates, interest is much more likely to be exempt from withholding. For 2015, interest payments constituted the largest share of total income (49.6 percent) but made up only 6.3 percent of all U.S.-source income subject to withholding. Furthermore, a mere 1.8 percent of interest income was subject to withholding; it was taxed at an average rate of 11.1 percent. As mentioned previously, notional principal contract income accounts for 5.7 percent of U.S.-source income paid to foreign persons; however, it is not generally subject to withholding tax. Rents and royalty payments are more likely to be taxed, and they accounted for 6.2 percent of all income and 5.1 percent of income subject to withholding.
Figure B
Percentage of Total U.S.-Source Income Paid to Foreign Persons Under
Chapter 3, as Reported on Form 1042-S, by Selected Income Category,
Calendar Years 2014 and 2015

                     2014: $728.2 billion  2015: $824.3 billion

Interest             41.2                  49.6
Dividends            27.5                  24.9
Rents and royalties   6.7                   6.2
Notional principal    9.2                   5.7
contract income

NOTE: Form 1042-S, Foreign Person's U.S.-Source Income Subject to
Withholding.
SOURCE: IRS, Statistics of Income Division, Individuals, Withholding on
Foreign Recipients of U.S. Income, October 2017.

Note: Table made from bar graph.

Figure C
Percentage of Total U.S.-Source Income Paid to Foreign Persons and
Income Subject to Withholding Under Chapter 3, as Reported on Form
1042-S, by Selected Income Category, Calendar Year 2015

                        Total income:   Income subject to withholding:
                        $824.3 billion  $118.2 billion

Interest                49.6             6.3
Dividends               24.9            78.3
Notional principal
contract income          5.7             0.0
Rents and royalties      6.2             5.1
Personal services        0.7             0.8
Social Security and
railroad retirement
benefits                 0.2             0.7

NOTE: Form 1042-S, Foreign Person's U.S.-Source Income Subject to
Withholding.
SOURCE: IRS, Statistics of Income Division, Individuals, Withholding on
Foreign Recipients of U.S. Income, October 2017.

Note: Table made from bar graph.


Additional Foreign Income and Withholding Data

While the majority of U.S. income paid to foreign recipients is subject to withholding under Chapter 3 of the IRC and is reported on Form 1042-S, information from other tax forms is useful for providing a comprehensive look at withholding tax of foreign persons' U.S. income.

Foreign partner's partnership income

U.S. partnership income that is allocable to foreign partners is reported on Form 8805, Foreign Partner's Information Statement of Section 1446 Withholding Tax. Partnerships are required to withhold income tax on effectively connected taxable income deemed allocable to foreign partners. A U.S. or foreign partnership files a Form 8805 to show the amount of taxable income and total tax allocable to the foreign partner for the partnership's tax year. The statutory withholding rate for partnership income allocable to foreign partners is 35 percent. Reduced withholding rates may apply if the foreign partner is an individual and the specific type of income is among those subject to preferential rates. These types of income include capital gains, depreciation recapture, and collectibles gains.

Sales of U.S. real property

Another tax form that provides information about withholding on foreign persons' U.S. income is Form 8288-A, Statement of Withholding on Dispositions by Foreign Persons of U.S. Real Property Interests. The Foreign Investment in Real Property Tax Act of 1980 (FIRPTA) was introduced to ensure that the United State collected a portion of the capital gains realized by foreigners from the sales of U.S. real property interests. Form 8288-A is used to report the sales price of U.S. real property sold by the foreign person and the tax withheld on that sales price. Typically, the sales price is subject to 10-percent withholding, although corporations may be taxed at rates up to 35 percent in certain circumstances. (1) In some instances, the seller may elect to pay a 35-percent tax on the capital gain rather than a 10-percent withholding tax on the sales price. When a foreign person sells real property interests in the United States, the buyer of the property is responsible for collecting and remitting to the IRS the appropriate amount of withholding and filing the necessary tax forms.

Branch profits tax

A withholding tax equivalent on a foreign person's U.S. income in the form of a branch profits tax is reported on Form 1120-F, U.S. Income Tax Return of a Foreign Corporation. The branch profits tax was created to achieve neutrality for foreign investments in the United States through a U.S. branch or a U.S. subsidiary of a foreign parent corporation. While dividends paid by a U.S. subsidiary to its foreign parent corporation are subject to a 30-percent (or lower) withholding tax, profits of a U.S branch of a foreign parent would not be subject to an equivalent tax absent the branch profits tax. The amount of income remitted from the U.S. branch to its foreign owner, known as the dividend equivalent amount, is reported on Form 1120-F, along with the associated tax on that amount (i.e., branch profits tax).

Effective withholding tax rates

The combined withholding tax on U.S.-source income paid to foreign persons for 2015 was nearly $24.1 billion, with an average effective tax rate of 16.8 percent (Figure D). The effective withholding rates vary widely among the various tax forms. U.S. partnership income allocable to foreign partners is subject to significantly higher rates of withholding than other types of U.S. income because it is not typically reduced by tax treaties and is far more likely to be taxed near the statutory 35-percent tax rate. For 2015, the average effective withholding rate on U.S. partnership distributions to foreign partners was 34.1 percent. The 8.8-percent withholding rate on income from the sale of U.S. real property interests is comparatively low because the statutory rate for this type of income is just 10 percent. The average effective rate on foreign branch profits (13.2 percent) reported on Form 1120-F was less than the 30-percent statutory rate because recipients frequently qualify for reduced rates through tax treaties.
Figure D
U.S.-Source Income Payments to Foreign Persons: Number of Forms,
Income, Tax Withheld, and Effective Tax Rate, by Form Type and Selected
Country of Foreign Recipient, Calendar Year 2015

[Money amounts are in thousands of dollars]

                                     All payments
                                Total number  Income (less  Number of
                                of forms      loss)         forms [1]
                                   (1)            (2)           (3)

All forms                       5,482,134     849,599,048   3,370,663
Form 1042-S: All countries [4]  5,291,778     824,296,819   3,192,701
United Kingdom                    543,026     108,585,916     370,379
Cayman Islands                    117,307      71,242,438      35,805
 Japan                            192,669      67,894,317      64,166
 Canada                           599,565      49,276,346     376,623
 Luxembourg                        20,317      47,114,896       7,449
 China                            225,561      46,739,096      77,888
 Switzerland                       72,147      45,050,005      38,291
 France                            87,210      39,354,665      55,172
 Netherlands                       69,560      30,270,556      39,407
 Ireland                          271,079      25,098,685     244,133
 Germany                          359,288      21,876,693     167,143
 Belgium                           31,836      16,734,389      23,004
 Taiwan                           113,326      15,510,854      72,046
 Australia                        303,261      11,975,657     268,410
 Singapore                         98,051       9,546,063      79,435
 Norway                            22,474       9,473,014      18,082
 Bermuda                           19,158       7,761,419       7,935
South Korea                        44,659       6,357,447      28,336
 Mexico                           254,458       6,076,085     142,117
Form 8805: All countries [5]      161,329      12,087,215     149,812
 Germany                           68,592       1,294,500      67,477
United Kingdom                      8,653       1,113,547       6,750
 Canada                            12,792         890,608      11,458
 Sweden                               182         730,542         135
 Netherlands                        1,393         502,769       1,099
Cayman Islands                      1,399         237,371         954
 Norway                               132         216,369         118
Form 8288-A: All countries         26,137      10,515,458      26,137
 Canada                             8,781       2,886,598       8,781
 Germany                            2,823         910,250       2,823
United Kingdom                      2,160         676,825       2,160
 Japan                              1,241         393,611       1,241
 Italy                                285         313,327         285
Form 1120-F: Reporting              2,890       2,699,556       2,013
branch profits tax

                                 Payments subject to withholding tax
                                Income [2]    U.S. tex    Effective
                                              withheld    tax rate [3]
                                    (4)         (5)          (6)

All forms                       143,542,245   24,086,993    16.8
Form 1042-S: All countries [4]  118,203,479   18,383,639    15.6
United Kingdom                    9,103,932    1,189,289    13.1
Cayman Islands                   13,615,537    2,566,652    18.9
 Japan                            4,433,159      441,732    10.0
 Canada                          14,515,532    1,593,078    11.0
 Luxembourg                       7,546,268    2,066,322    27.4
 China                              558,016       80,574    14.4
 Switzerland                      7,322,275      975,902    13.3
 France                           1,542,718      331,810    21.5
 Netherlands                      1,584,243      233,313    14.7
 Ireland                          4,550,928      968,247    21.3
 Germany                          3,104,787      438,859    14.1
 Belgium                          1,585,976      315,426    19.9
 Taiwan                             692,454      193,968    28.0
 Australia                        4,613,719      647,663    14.0
 Singapore                          568,987      159,848    28.1
 Norway                             406,481       66,023    16.2
 Bermuda                          1,160,514      312,466    26.9
South Korea                       1,063,013      160,987    15.1
 Mexico                           2,197,402      359,363    16.4
Form 8805: All countries [5]     13,499,640    4,605,974    34.1
 Germany                          1,363,765      468,291    34.3
United Kingdom                    1,281,633      456,859    35.6
 Canada                           1,089,140      346,492    31.8
 Sweden                             738,629      278,017    37.6
 Netherlands                        556,550      141,660    25.5
Cayman Islands                      375,918      130,091    34.6
 Norway                             218,307       76,309    35.0
Form 8288-A: All countries       10,515,458      922,292     8.8
 Canada                           2,886,598      254,327     8.8
 Germany                            910,250       64,479     7.1
United Kingdom                      676,825       59,411     8.8
 Japan                              393,611       38,858     9.9
 Italy                              313,327       29,639     9.5
Form 1120-F: Reporting            1,323,668      175,088    13.2
branch profits tax

[1] Number of forms in this column includes returns with income subject
to taxation for Form 1042-S; positive income (excluding losses) for
Form 8805; sales revenue for Form 8288-A; and branch profits tax for
Form 1120-F.
[2] Amounts in this column represent income subject to taxation for
Form 1042-S; positive income (excluding losses) for Form 8805; sales
revenue for Form 8288-A; and dividend equivalent amount subject to
taxation for Form 1120-F.
[3] U.S. tax withheld (column 5) divided by income (column 4).
[4] Amounts shown are subject to withholding under Chapter 3; Chapter 4
amounts are shown separately in Table 3.
[5] Income (less loss) for all payments (column 2) is less than income
on payments subject to tax (column 4) because column 2 includes forms
with losses.

NOTE: The titles of the forms are: Form 1042-S, Foreign Person's
U.S.-Source Income Subject to Withholding; Form 8805, Foreign Partner's
Information Statement of Section 1446 Withholding Tax; Form 8288-A,
Statement of Withholding on Dispositions by Foreign Persons of U.S.
Real Property Interests; and Form 1120-F, U.S. Income Tax Return of a
Foreign Corporation.
SOURCE: IRS, Statistics of Income Division, Foreign Recipients of U.S.
Income, August 2018.


Real property sales

The eight States with the most U.S. real property interest sales in 2015 made up 75.4 percent of all transactions, 68.9 percent of the total sales revenue, and 69.4 percent of taxes withheld (Figure E). The largest number of real property sales occurred in Florida. In fact, Florida had more than the other top seven States combined in 2015. New York had the highest sales revenue (nearly $1.2 million) per transaction. Many real property sales could not be assigned to a specific State for reasons including: the real property transaction involved the transfer of stock in a portfolio of real estate holdings not specific to a geographic area; or the transaction involved the sale of an ownership interest in an entity that controlled real estate in multiple locations in the United States.

Withholding Under Chapter 4

The Foreign Account Tax Compliance Act (FATCA) became U.S. Federal law in 2010 as part of the Hiring Incentives to Restore Employment (HIRE) Act. Under FATCA, foreign financial institutions and certain other nonfinancial foreign entities are required to report on the foreign assets held by their U.S. account holders or be subject to withholding on withholdable payments. FATCA requires U.S. withholding agents to withhold tax on certain payments to foreign financial institutions (FFIs) that do not agree to report certain information to the IRS regarding their U.S. account, and on certain payments to certain nonfinancial foreign entities (NFFEs) that do not provide information on their substantial U.S. owners to withholding agents. Payments subject to withholding under FATCA are now subject to the laws of Chapter 4 of the IRC, which were implemented beginning July 1, 2014. As a result, the Tax Year 2015 data presented in Table 3 represent the first full year of data under the new provisions. (2)
Figure E
U.S. Real Property Interests Sold by Foreign Persons: Number of Forms
8288-A Filed, Total Sales Revenue, and Tax Withheld, by State Location
of the Property, Calendar Year 2015

[Money amounts are in thousands of dollars]

                             Total number  Total sales  U.S. tax
                              of forms     revenue      withheld
                               (1)            (2)         (3)

Total                        26,137        10,515,458   922,292
Florida                      11,368         2,832,671   232,649
California                    2,565         1,705,839   159,544
Hawaii                        1,492           467,320    44,829
Arizona                       1,398           285,790    25,840
New York                      1,066         1,261,273   110,572
Texas                           899           212,041    20,761
Washington                      647           185,078    17,939
Massachusetts                   253           290,688    27,588
All others and nonallocable   6,449         3,274,758   282,570

NOTE: Form 8288-A, Statement of Withholding on Dispositions by Foreign
Persons of U.S. Real Property Interests, is filed by the buyer of U.S.
real property sold by foreign persons. The buyer must withhold tax in
accordance with Internal Revenue Code section 1445.
SOURCE: IRS, Statistics of Income Division, Foreign Recipients of U.S.
Income, August 2018. These data were not previously available on the
IRS Tax Statistics Web site.


Some 20.4 percent of the U.S.-source income reported under Chapter 4 was subject to withholding (Table 3), and the average withholding rate for these payments was 12.7 percent. Interest was the largest category of Chapter 4 income ($1.3 billion), and most of that (76.1 percent) was exempt from withholding. Dividends accounted for 48.0 percent of Chapter 4 income subject to withholding while interest payments accounted for 41.3 percent. Tax withheld on dividends (45.8 percent) and interest (36.0 percent) comprised a majority of the tax withheld on Chapter 4 payments.

Data Sources and Limitations

The statistics in this data release were tabulated by calendar year using information from the following four forms and are subject to nonsampling error:

Form 1042-S

Payers (or their authorized withholding agents) of most U.S.-source income to foreign persons must withhold tax in accordance with Internal Revenue Code section 1441. Form 1042-S, Foreign Person's U.S.-Source Income Subject to Withholding, is filed by the payer to report this income and the U.S. tax withheld. Often a financial institution acts as the payer's withholding agent. The statistics in this data release were tabulated by calendar year, using all Forms 1042-S filed with the Internal Revenue Service during 2015. The data reflect the income that was paid and U.S. tax that was withheld for 2015.

Form 8805

Domestic partnerships (or their authorized withholding agents) must withhold tax in accordance with Internal Revenue Code section 1446 on distributions made to foreign partners. Form 8805, Foreign Partner's Information Statement of Section 1446 Withholding Tax, is filed by the payer to report income paid by U.S. partnerships to their foreign partners and the U.S. tax withheld. The statistics in this data release were tabulated by calendar year, using all Forms 8805 filed with the Internal Revenue Service during 2015. The data reflect the income that was paid and U.S. tax that was withheld for 2015.

Form 8288-A

Purchasers of U.S. real property held by foreign persons must withhold tax in accordance with Internal Revenue Code section 1445. Form 8288-A, Statement of Withholding on Dispositions by Foreign Persons of U.S. Real Property Interests, is filed by the buyer of U.S. real property sold by foreign persons. The statistics in this data release were tabulated by calendar year using all Forms 8288-A filed with the Internal Revenue Service with a date of transfer occurring during 2015.

Form 1120-F

In accordance with section 884(a), the Internal Revenue Code imposes a 30-percent branch-profits tax on after-tax earnings of a foreign corporation's U.S. trade or business that are not reinvested in a U.S. trade or business by the close of the tax year or are disinvested in a later tax year. Form 1120-F, U.S. Income Tax Return of a Foreign Corporation, is filed by the foreign corporation. The statistics in this data release were tabulated based upon all Forms 1120-F included in the Tax Year 2015 SOI Corporation sample.

Nonsampling error

Because the populations of Forms 1042-S, Forms 8805, and Forms 8288-A were used for the statistics, the data are not subject to sampling error. However, the data are subject to nonsampling error, including data entry and taxpayer reporting errors. Because the data were tested and adjusted to ensure that certain basic mathematical relationships held, including the calculation of the correct tax withheld, the possibility of error cannot be completely eliminated.

Explanation of Selected Terms

Foreign persons--For purposes of this data release, foreign persons include: (a) individuals whose residence is not within the United States and who are not U.S. citizens (i.e., nonresident aliens); and (b) corporations and other organizations (including partnerships, private foundations, estates, and trusts) created or organized outside the United States. Individuals residing, and organizations created or organized, in Puerto Rico and U.S. possessions are also considered foreign persons.

Notional principal contract income--Notional principal contracts involve two parties who agree contractually to pay each other amounts at specified times based on the underlying notional amount. The underlying amount is notional because neither party to the notional principal contract is required to actually hold the property comprising the underlying amount. It is an amount specified in the contract, and, based on that amount, certain calculations are made. Generally, when amounts under the contract are due at the same time, they are netted and only one payment is made. Notional principal contract income is not subject to withholding but must be reported on Form 1042-S, if the income was effectively connected with the conduct of a trade or business in the United States. Notional principal contracts are used by financial institutions to reduce the risk of changes in interest rates, commodity prices, and currency exchange rates. Interest rate swaps, currency swaps, and equity swaps are examples of notional principal contracts.

Withholding rate pool--A withholding rate pool is a payment of a single type of income, determined in accordance with the categories of income reported on Form 1042-S that is subject to a single rate of withholding.

U.S. branch treated as U.S. person--The following types of U.S. branches (of foreign entities) may reach an agreement with a withholding agent to treat a branch as a U.S. person: (a) a U.S. branch of a foreign bank subject to regulatory supervision by the Federal Reserve Board; or (b) a U.S. branch of a foreign insurance company required to file an annual statement on a form approved by the National Association of Insurance Commissioners with the Insurance Department of a State, Territory, or the District of Columbia.

by Scott Luttrell

Scott Luttrell is an economist with the International Returns Analysis Section, Corporation, Partnership, & International Branch. This data release was prepared under the direction of Chris Carson, Chief.

Highlights

* U.S.-source income paid to foreign persons, as reported on Form 1042-S, was $824.3 billion for 2015.

* Nearly 86 percent of U.S. income paid to foreign persons was exempt from withholding tax.

* Taxes totaling $18.4 billion were withheld on U.S. income paid to foreign persons in 2015, for an average effective withholding rate of 15.6 percent.

* Interest payments (49.6 percent) and dividends (24.9 percent) accounted for most of the U.S. income paid to foreign persons.

* Foreign persons in the United Kingdom received the most U.S.-source income ($108.6 billion; 13.2 percent of the total).

* Foreign persons in the Cayman Islands paid more than $2.6 billion in withholding taxes (14.0 percent of the total), the most of any country.

* Foreign partners received $13.5 billion in income from U.S. partnerships from which $4.6 billion in U.S. taxes were withheld.

* Sales of U.S. real property interests by foreign persons totaled $10.5 billion; U.S. taxes withheld on that income totaled $922 million.

(1) The withholding rate has been increased from 10 percent to 15 percent for sales occurring on or after February 16, 2016.

(2) SOI also published 2014 data for Chapter 4, but because the new laws went into effect in mid-2014, the 2014 data only cover that last 6 months of that year. See Table 3 for Tax Year 2014 at https://www.irs.gov/statistics/soi-tax-stats-form-1042s-table-3.
Table 1. Foreign Recipients of U.S. Income Under Chapter 3 Withholding
Filing Forms 1042-S: Number, Total U.S.- Source Income U.S. Tax
Withheld, by Tax Treaty Countries and Total Nontreaty, Calendar Year
2015

[Money amounts are in thousands of dollars]

                             Number of         U.S.-source income
                             Forms 1042-S     Total      Exempt from
                                                         withholding
                              (1)            (2)             (3)

Total                       5,291,778      824,296,819   706,093,337
Tax treaty countries,       3,979,785      578,459,158   503,812,559
total
Armenia                           656            3,732         2,848
Australia [1]                 303,717       11,986,877     7,368,060
Austria                        24,233        1,176,957       808,930
Azerbaijan                        399            2,902         2,145
Bangladesh                      4,548           34,176        31,342
Barbados                        3,189        5,735,080     5,696,536
Belarus                         1,736            9,593         6,883
Belgium                        31,836       16,734,389    15,148,413
Bulgaria                        4,122           22,557        12,251
Canada                        599,565       49,276,346    34,760,814
China                         225,561       46,739,096    46,181,081
Cyprus                          2,639          106,510        84,918
Czech Republic                 10,943          283,862       238,110
Denmark                        21,346        5,443,418     4,273,956
Egypt                           7,347           79,840        50,385
Estonia                         3,293           28,680        17,978
Finland                        11,307        1,925,867     1,746,854
France [2]                     87,418       39,356,136    37,812,848
Georgia                           762           10,135         7,949
Germany                       359,288       21,876,693    18,771,907
Greece                         21,188          129,580        74,004
Hungary                         6,826        1,957,454     1,750,604
Iceland                         2,557           47,896        37,491
India                         111,218        4,316,028     3,931,510
Indonesia                      11,248          536,104       520,745
Ireland                       271,079       25,098,685    20,547,757
Israel                         54,993        2,191,165     1,172,396
Italy                          77,460        2,600,944     1,709,397
Jamaica                         5,542          260,456       244,754
Japan                         192,669       67,894,317    63,461,158
Kazakhstan                      1,864           60,594        58,185
Korea, Republic of (South)     44,659        6,357,447     5,294,434
Kyrgyzstan                        311              977           508
Latvia                          2,134           55,293        50,197
Lithuania                       2,225          126,777       122,987
Luxembourg                     20,317       47,114,896    39,568,628
Malta                           3,469          247,223       129,431
Mexico                        254,458        6,076,085     3,878,682
Moldova                           676            5,950         4,881
Morocco                         1,515           62,592        60,069
Netherlands                    69,560       30,270,556    28,686,313
New Zealand                    43,984          533,967       347,822
Norway                         22,474        9,473,014     9,066,533
Pakistan                        6,283           26,515        16,817
Philippines                    28,117        1,117,099       939,278
Poland                         36,983          516,244       352,538
Portugal                       12,104        1,470,072     1,401,500
Romania                         7,061           64,609        55,312
Russia                         28,670        1,608,112     1,553,643
Slovak Republic                 3,623           52,244        40,379
Slovenia                        5,510           32,848        11,998
South Africa                   26,523          480,948       251,554
Spain                          82,356        3,626,855     2,943,060
Sri Lanka                       1,355           19,006        14,238
Sweden                         28,749        5,741,113     4,226,981
Switzerland                    72,147       45,050,005    37,727,731
Tajikistan                        229              549           197
Thailand                       21,396          416,185       374,556
Trinidad and Tobago             6,793          250,165       225,704
Tunisia                         1,122           12,751        11,123
Turkey                         11,369          265,742       228,852
Turkmenistan                      127              562           285
Ukraine                         9,971           29,607        18,835
United Kingdom                543,026      108,585,916    99,481,983
Uzbekistan                        462            1,798           483
Venezuela                     119,478        2,839,367       192,818
Nontreaty countries,        1,311,993      245,837,661   202,280,778
total [3]

                             U.S.-source income
                            Subject to   U.S. tax
                            withholding  withheld
                                 (4)       (5)

Total                       118,203,483  18,383,63
Tax treaty countries,        74,646,609  11,293,35
total
Armenia                             884         17
Australia [1]                 4,618,817     648,09
Austria                         368,028      71,67
Azerbaijan                          758         14
Bangladesh                        2,834         41
Barbados                         38,545       8,19
Belarus                           2,710         70
Belgium                       1,585,976     315,42
Bulgaria                         10,307       1,22
Canada                       14,515,532   1,593,07
China                           558,016      80,57
Cyprus                           21,591       4,58
Czech Republic                   45,752       7,52
Denmark                       1,169,462     147,79
Egypt                            29,455       4,28
Estonia                          10,701       2,28
Finland                         179,014      29,89
France [2]                    1,543,288     331,95
Georgia                           2,186         50
Germany                       3,104,787     438,85
Greece                           55,577      14,26
Hungary                         206,850      13,61
Iceland                          10,406       2,04
India                           384,517      66,74
Indonesia                        15,360       2,92
Ireland                       4,550,928     968,24
Israel                        1,018,769     206,44
Italy                           891,547     110,63
Jamaica                          15,701       3,27
Japan                         4,433,159     441,73
Kazakhstan                        2,409         47
Korea, Republic of (South)    1,063,013     160,98
Kyrgyzstan                          469          7
Latvia                            5,096       1,30
Lithuania                         3,791         72
Luxembourg                    7,546,268   2,066,32
Malta                           117,792      28,02
Mexico                        2,197,402     359,36
Moldova                           1,070         24
Morocco                           2,523         47
Netherlands                   1,584,243     233,31
New Zealand                     186,146      35,74
Norway                          406,481      66,02
Pakistan                          9,698       1,81
Philippines                     177,821      49,50
Poland                          163,707      28,17
Portugal                         68,572      10,53
Romania                           9,297       2,02
Russia                           54,470      11,50
Slovak Republic                  11,865       2,52
Slovenia                         20,851       4,99
South Africa                    229,393      39,74
Spain                           683,795      84,59
Sri Lanka                         4,768         79
Sweden                        1,514,133     254,95
Switzerland                   7,322,275     975,90
Tajikistan                          351          5
Thailand                         41,629       7,81
Trinidad and Tobago              24,461       7,12
Tunisia                           1,627         30
Turkey                           36,890       6,66
Turkmenistan                        277          3
Ukraine                          10,773       2,07
United Kingdom                9,103,932   1,189,28
Uzbekistan                        1,315         28
Venezuela                     2,646,549     142,25
Nontreaty countries,         43,556,874   7,090,28
total [3]

[1] Includes Ashmore and Cartier Islands, Christmas Cocos (Keeling)
Islands, Coral Sea Islands Territory, an Island. These countries are
included with Australia in this because they are included under the tax
treaty agreement with A Please note that these countries are not
included with Australle 2.
[2] Includes Guadeloupe, French Guiana, Martiniqu and Reunion. These
countries are included with France in this table bey are included under
the tax treaty agreement with Franc note that these countries are not
included with France 2.
[3] Includes Puerto Rico and U.S. possessions. The Bermuda have had a
tax treaty in effect since 1986, however, this treaty provides no
reduction of withholding rates.
NOTES: Detail may not add to totals because of rounding. Form 1042-S is
entitled Foreign Person's U.S.-Source Income Subject to Withholding.
SOURCE: IRS, Statistics of Income Division, Foreign Recipients of U.S.
Income, October 2017.

Table 2. Foreign Recipients of U. S. Income Under Withholding Filing
Forms 1042-S: Number, U.S. Tax Withheld, and U.S.-Source Income, by
Principal Types of Income, Selected Recipient T Selected Countries of
Recipients, Calendar Year 2015

[Money amounts are in thousands of dollars]

Selected country and selected recipient type  Number of   U.S. tax
                                              Forms       withheld
                                              1042-S
                                                (1)        (2)

Total                                          5,291,778  18,383,639
          RECIPIENT TYPES
Individuals                                    3,870,025   1,221,250
Corporations                                     619,412   9,919,577
Partnerships and trusts                          175,300     726,216
U.S. branches treated as U.S. persons              2,241      22,283
Governments and international organizations      254,639     150,437
Tax-exempt organizations [1]                      12,965      54,197
Withholding foreign partnerships and trusts        3,052       9,356
Artists and athletes                              29,984     250,350
Withholding rate pools (general)                  35,724   4,724,935
Withholding rate pools (tax-exempt)                1,092       4,098
Other and unknown                                287,344   1,300,939
SELECTED COUNTRIES AND RECIPIENT TYPES            73,002      23,688
Argentina
 Individuals                                      68,903      16,853
 Corporations                                      1,537       2,067
Withholding rate pools (general)                      55       2,340
Australia                                        303,261     647,663
 Individuals                                     135,290      33,406
 Corporations                                     17,523     364,911
Withholding rate pools (general)                     143       3,887
Austria                                           24,233      71,672
 Individuals                                      16,373       5,445
 Corporations                                      1,707       7,673
Withholding rate pools (general)                   1,882      47,862
Bahamas                                           21,004     118,955
 Individuals                                       2,459       3,385
 Corporations                                     16,508      82,328
Withholding rate pools (general)                     295      18,715
Barbados                                           3,189       8,198
 Individuals                                       1,459         604
 Corporations                                      1,376       6,441
Withholding rate pools (general)                      25          85
Belgium                                           31,836     315,426
 Individuals                                      25,150       9,172
 Corporations                                      2,382      58,458
Withholding rate pools (general)                     468     244,473
Bermuda                                           19,158     312,466
 Individuals                                       5,809       3,625
 Corporations                                     10,451     201,715
Withholding rate pools (general)                      79       7,054
Brazil                                            76,674      96,766
 Individuals                                      52,799      21,847
 Corporations                                      1,850      66,126
Withholding rate pools (general)                      49          16
British Virgin Islands                            98,460     382,600
 Individuals                                       2,363       5,138
 Corporations                                     92,750     361,373
Withholding rate pools (general)                       9           d
Brunei                                               693       1,853
 Individuals                                         414          28
 Corporations                                         33          25
Withholding rate pools (general)                       d           d
Canada                                           599,565   1,593,078
 Individuals                                     425,624     120,626
 Corporations                                     46,100     471,173
Withholding rate pools (general)                     972     811,330
Cayman Islands                                   117,307   2,566,652
 Individuals                                       1,505      14,091
 Corporations                                    106,553   2,426,661
Withholding rate pools (general)                     180       2,083
Chile                                             31,105     163,052
 Individuals                                      19,534       7,409
 Corporations                                      9,987     152,502
Withholding rate pools (general)                      10           4
China                                            225,561      80,574
 Individuals                                     207,200      20,801
 Corporations                                      2,109      45,426
Withholding rate pools (general)                     136           3
Colombia                                          32,773      84,886
 Individuals                                      25,234       8,248
 Corporations                                      3,200      74,788
Withholding rate pools (general)                      24           4
Cyprus                                             2,639       4,585
 Individuals                                       1,535         569
 Corporations                                        775       3,652
Withholding rate pools (general)                       8           d
Czech Republic                                    10,943       7,528
 Individuals                                       9,491       1,803
 Corporations                                        395       1,857
Withholding rate pools (general)                     151       1,833
Denmark                                           21,346     147,798
 Individuals                                      10,198       4,470
 Corporations                                      4,428      81,195
Withholding rate pools (general)                     230      45,355
East Timor                                           413         351
 Individuals                                         157          89
 Corporations                                        229         255
Withholding rate pools (general)                       0           0
Finland                                           11,307      29,892
 Individuals                                       8,681       1,944
 Corporations                                      1,495      22,956
Withholding rate pools (general)                     202       2,185
France                                            87,210     331,810
 Individuals                                      67,936      30,967
 Corporations                                      8,244      94,472
Withholding rate pools (general)                   1,182     139,439
Gabon                                              1,894       2,580
 Individuals                                         612         349
 Corporations                                        238          56
Withholding rate pools (general)                       d           d
Germany                                          359,288     438,859
 Individuals                                     307,681      46,337
 Corporations                                     20,672     172,570
Withholding rate pools (general)                   9,661     171,390
Gibraltar                                            611       4,982
 Individuals                                         185         181
 Corporations                                        300       1,643
Withholding rate pools (general)                      39       1,702
Greece                                            21,188      14,268
 Individuals                                      19,098      12,449
 Corporations                                        617         722
Withholding rate pools (general)                      30           8
Guernsey                                          10,659     134,274
 Individuals                                         258       1,560
 Corporations                                      8,183      87,630
Withholding rate pools (general)                     234      33,026
Hong Kong                                         66,009     232,247
 Individuals                                      57,420      32,922
 Corporations                                      3,768      47,625
Withholding rate pools (general)                     446     121,321
Hungary                                            6,826      13,613
 Individuals                                       5,279       1,337
 Corporations                                        517       2,648
Withholding rate pools (general)                      43           d
India                                            111,218      66,741
 Individuals                                      98,813      17,211
 Corporations                                      1,535      32,929
Withholding rate pools (general)                      81           7
Indonesia                                         11,248       2,922
 Individuals                                       9,886       2,164
 Corporations                                        205         339
Withholding rate pools (general)                     116           7
Ireland                                          271,079     968,247
 Individuals                                     252,294       9,516
 Corporations                                     13,976     919,553
Withholding rate pools (general)                      54         222
Israel                                            54,993     206,441
 Individuals                                      44,701      16,951
 Corporations                                      4,855      46,001
Withholding rate pools (general)                     371     108,481
Italy                                             77,460     110,634
 Individuals                                      64,283      10,425
 Corporations                                      3,157      33,528
Withholding rate pools (general)                   1,701      43,047
Jamaica                                            5,542       3,279
 Individuals                                       4,295       2,253
 Corporations                                        479         364
Withholding rate pools (general)                       d           d
Japan                                            192,669     441,732
 Individuals                                     175,835      18,224
 Corporations                                      8,160      92,543
Withholding rate pools (general)                     962     316,693
Jersey                                             6,597      97,384
 Individuals                                         413       1,949
 Corporations                                      4,063      64,112
Withholding rate pools (general)                     220      17,598
Korea, Republic of (South)                        44,659     160,987
 Individuals                                      36,606      11,374
 Corporations                                      1,447     114,215
Withholding rate pools (general)                     273       5,743
Kuwait                                             3,839       3,990
 Individuals                                       2,025         998
 Corporations                                        609       1,663
Withholding rate pools (general)                       d           d
Libya                                                231       2,912
 Individuals                                         196         108
 Corporations                                         11       2,803
Withholding rate pools (general)                       0           0
Liechtenstein                                      1,116      49,698
 Individuals                                         117         102
 Corporations                                        539       6,321
Withholding rate pools (general)                     134      24,033
Lithuania                                          2,225         723
 Individuals                                       1,869         318
 Corporations                                        131         175
Withholding rate pools (general)                      51           d
Luxembourg                                        20,317   2,066,322
 Individuals                                       2,064       2,965
 Corporations                                     16,249   1,182,557
Withholding rate pools (general)                   1,081     854,597
Malaysia                                          48,882      11,830
 Individuals                                      44,961       5,342
 Corporations                                        294       1,524
Withholding rate pools (general)                      83          13
Malta                                              3,469      28,029
 Individuals                                       2,467      22,173
 Corporations                                        770       4,506
Withholding rate pools (general)                      27         458
Mauritius                                            971       7,604
 Individuals                                         447         199
 Corporations                                        349       7,181
Withholding rate pools (general)                       0           0
Mexico                                           254,458     359,363
 Individuals                                     220,510     107,199
 Corporations                                      6,270     144,350
Withholding rate pools (general)                      44          14
Monaco                                             1,380      32,766
 Individuals                                         910       4,377
 Corporations                                         87       2,676
Withholding rate pools (general)                     261      22,576
Netherlands                                       69,560     233,313
 Individuals                                      44,498      15,013
 Corporations                                      9,495      90,780
Withholding rate pools (general)                     375      61,320
New Zealand                                       43,984      35,740
 Individuals                                      26,758       6,671
 Corporations                                      3,071      10,131
Withholding rate pools (general)                      22           d
Norway                                            22,474      66,023
 Individuals                                      19,102      10,031
 Corporations                                      1,652      38,667
Withholding rate pools (general)                      24       9,677
Oman                                                 828       3,178
 Individuals                                         556         185
 Corporations                                         39          28
Withholding rate pools (general)                       d           d
Panama                                            30,047      47,062
 Individuals                                       5,162       3,103
 Corporations                                     22,347      38,807
Withholding rate pools (general)                      73       1,653
Peru                                              17,267      54,247
 Individuals                                       9,307       2,570
 Corporations                                        799      51,133
Withholding rate pools (general)                      11           8
Philippines                                       28,117      49,500
 Individuals                                      23,041      14,059
 Corporations                                        496       3,034
Withholding rate pools (general)                      15           0
Poland                                            36,983      28,175
 Individuals                                      33,120      19,217
 Corporations                                        552       5,326
Withholding rate pools (general)                     325           6
Portugal                                          12,104      10,536
 Individuals                                      10,511       6,516
 Corporations                                        487       1,371
Withholding rate pools (general)                     106         183
Puerto Rico                                        9,736       8,307
 Individuals                                         725         572
 Corporations                                      6,409       6,140
Withholding rate pools (general)                       d           d
Russia                                            28,670      11,500
 Individuals                                      22,910       3,349
 Corporations                                        573       5,353
Withholding rate pools (general)                     721         207
Saudi Arabia                                       7,743      14,850
 Individuals                                       5,964       2,870
 Corporations                                        463       8,029
Withholding rate pools (general)                       5           0
Senegal                                            1,940       3,389
 Individuals                                       1,339         666
 Corporations                                        222       1,852
Withholding rate pools (general)                      13         815
Singapore                                         98,051     159,848
 Individuals                                      85,217      26,510
 Corporations                                      4,373      55,235
Withholding rate pools (general)                     440      59,734
South Africa                                      26,523      39,747
 Individuals                                      21,152       5,489
 Corporations                                      1,816      16,730
Withholding rate pools (general)                      31          18
Spain                                             82,356      84,596
 Individuals                                      68,405      19,028
 Corporations                                      7,052      33,460
Withholding rate pools (general)                     453      16,652
Swaziland                                            313      38,390
 Individuals                                         199         164
 Corporations                                         13          62
Withholding rate pools (general)                      71      38,127
Sweden                                            28,749     254,955
 Individuals                                      22,877       8,734
 Corporations                                      2,953     105,454
Withholding rate pools (general)                     172     132,428
Switzerland                                       72,147     975,902
 Individuals                                      39,659      25,768
 Corporations                                     11,599     250,516
Withholding rate pools (general)                   3,773     684,337
Taiwan                                           113,326     193,968
 Individuals                                     105,469      27,983
 Corporations                                      4,695     147,038
Withholding rate pools (general)                      54       1,445
Thailand                                          21,396       7,812
 Individuals                                      16,510       4,320
 Corporations                                        533       1,654
Withholding rate pools (general)                   1,226           7
Trinidad and Tobago                                6,793       7,126
 Individuals                                       5,320       1,801
 Corporations                                        890       4,652
Withholding rate pools (general)                       d           d
Turkey                                            11,369       6,664
 Individuals                                       9,704       4,410
 Corporations                                        322       1,655
Withholding rate pools (general)                     124           4
United Arab Emirates                              12,547      29,859
 Individuals                                      10,263       4,803
 Corporations                                        871      18,704
Withholding rate pools (general)                      11          25
United Kingdom                                   543,026   1,189,289
 Individuals                                     435,042     111,407
 Corporations                                     36,777     492,112
Withholding rate pools (general)                   1,734     330,383
Uruguay                                           13,058       8,130
 Individuals                                       9,349       2,405
 Corporations                                      2,526       3,884
Withholding rate pools (general)                     183         893
Venezuela                                        119,478     142,255
 Individuals                                     105,071      10,646
 Corporations                                      4,072       1,465
Withholding rate pools (general)                      19          15
Vietnam                                            4,264       1,670
 Individuals                                       3,845       1,382
 Corporations                                         61          30
Withholding rate pools (general)                      13           d

Selected country and selected recipient type  Total         Principal
                                                            types of
                                                            U.S.-source
                                                            income
                                              U.S.-source   Interest
                                              income
                                                (3)           (4)

Total                                         824,296,819  408,661,752
          RECIPIENT TYPES
Individuals                                    13,357,905    1,898,087
Corporations                                  435,937,400  205,142,336
Partnerships and trusts                        21,992,305    7,302,467
U.S. branches treated as U.S. persons          14,017,617    6,988,793
Governments and international organizations   126,325,596   91,648,190
Tax-exempt organizations [1]                    1,516,437      342,078
Withholding foreign partnerships and trusts     2,301,429    1,010,758
Artists and athletes                            1,066,770       42,248
Withholding rate pools (general)               86,960,654   42,111,617
Withholding rate pools (tax-exempt)            19,279,065   12,027,563
Other and unknown                             101,541,642   40,147,614
SELECTED COUNTRIES AND RECIPIENT TYPES            252,833      143,652
Argentina
 Individuals                                      194,458      119,441
 Corporations                                      28,755       15,027
Withholding rate pools (general)                   11,810        3,980
Australia                                      11,975,657    4,828,746
 Individuals                                      242,342       12,613
 Corporations                                   6,173,334    2,017,379
Withholding rate pools (general)                   86,654       59,904
Austria                                         1,176,957      585,210
 Individuals                                       45,267        2,028
 Corporations                                     326,085      181,331
Withholding rate pools (general)                  468,057      250,141
Bahamas                                         1,184,402      616,888
 Individuals                                       17,695        4,157
 Corporations                                     859,898      448,002
Withholding rate pools (general)                  136,124       65,185
Barbados                                        5,735,080      302,653
 Individuals                                        3,866          549
 Corporations                                   5,681,467      258,599
Withholding rate pools (general)                    7,873        6,250
Belgium                                        16,734,389   11,425,085
 Individuals                                       81,930        5,665
 Corporations                                   2,192,640    1,230,623
Withholding rate pools (general)                8,085,013    4,334,792
Bermuda                                         7,761,419    6,160,395
 Individuals                                      180,778      163,735
 Corporations                                   6,757,445    5,700,642
Withholding rate pools (general)                  134,520      101,785
Brazil                                          3,477,363    3,037,933
 Individuals                                      172,091       51,526
 Corporations                                     447,576      181,946
Withholding rate pools (general)                      316          284
British Virgin Islands                          3,932,061    1,915,417
 Individuals                                       35,318       15,917
 Corporations                                   3,678,208    1,833,205
Withholding rate pools (general)                       64           59
Brunei                                            119,204       43,074
 Individuals                                          173           33
 Corporations                                       1,104          884
Withholding rate pools (general)                        d            d
Canada                                         49,276,346   14,148,939
 Individuals                                    1,566,107       29,613
 Corporations                                  21,581,656    6,365,234
Withholding rate pools (general)               11,920,811    3,512,421
Cayman Islands                                 71,242,438   48,100,047
 Individuals                                      270,790      256,263
 Corporations                                  58,966,566   44,590,219
Withholding rate pools (general)                   98,619       89,275
Chile                                           1,281,345      482,584
 Individuals                                       59,349       25,396
 Corporations                                     911,056      188,898
Withholding rate pools (general)                       35           21
China                                          46,739,096   38,289,719
 Individuals                                      576,421       34,639
 Corporations                                   1,364,772      540,991
Withholding rate pools (general)                       48           17
Colombia                                          674,443      336,126
 Individuals                                       51,760       12,904
 Corporations                                     367,095       82,233
Withholding rate pools (general)                       35           20
Cyprus                                            106,510       35,090
 Individuals                                        4,276          309
 Corporations                                      92,862       27,823
Withholding rate pools (general)                       15            0
Czech Republic                                    283,862       87,166
 Individuals                                       15,058          716
 Corporations                                     129,713        6,928
Withholding rate pools (general)                   27,139       13,608
Denmark                                         5,443,418    1,544,072
 Individuals                                       32,151          755
 Corporations                                   3,251,739      751,097
Withholding rate pools (general)                  732,941      273,551
East Timor                                        209,569      124,015
 Individuals                                          683           49
 Corporations                                       8,359        6,177
Withholding rate pools (general)                        0            0
Finland                                         1,925,867    1,155,410
 Individuals                                       14,941          198
 Corporations                                     705,949      195,521
Withholding rate pools (general)                   26,606        2,398
France                                         39,354,665   16,219,219
 Individuals                                      247,058        7,187
 Corporations                                  21,848,210    4,562,754
Withholding rate pools (general)                2,797,341    1,957,160
Gabon                                             180,295       40,550
 Individuals                                        3,058           74
 Corporations                                     118,606       22,038
Withholding rate pools (general)                        d            d
Germany                                        21,876,693    8,247,883
 Individuals                                      780,961      170,145
 Corporations                                  13,782,616    4,270,879
Withholding rate pools (general)                3,764,321    2,173,215
Gibraltar                                         239,097       20,232
 Individuals                                          768          102
 Corporations                                     216,759       10,343
Withholding rate pools (general)                   13,192        6,747
Greece                                            129,580       16,805
 Individuals                                       61,488        4,242
 Corporations                                      51,542        3,588
Withholding rate pools (general)                    7,622        7,595
Guernsey                                        1,521,257      681,923
 Individuals                                        9,410        4,127
 Corporations                                   1,085,985      574,062
Withholding rate pools (general)                  185,223       33,217
Hong Kong                                       5,048,680    2,954,673
 Individuals                                      160,102       30,285
 Corporations                                     777,242      534,268
Withholding rate pools (general)                1,486,605      811,709
Hungary                                         1,957,454      933,421
 Individuals                                       12,703          381
 Corporations                                   1,658,836      839,428
Withholding rate pools (general)                    1,271        1,257
India                                           4,316,028    1,217,349
 Individuals                                      278,166        3,640
 Corporations                                   2,704,304       60,002
Withholding rate pools (general)                       71            0
Indonesia                                         536,104      471,508
 Individuals                                       21,315        1,993
 Corporations                                       8,458        7,114
Withholding rate pools (general)                       46            0
Ireland                                        25,098,685   14,742,007
 Individuals                                      101,798        3,628
 Corporations                                  20,322,759   13,903,122
Withholding rate pools (general)                    2,588          400
Israel                                          2,191,165    1,132,349
 Individuals                                      159,265       41,953
 Corporations                                     513,352      280,800
Withholding rate pools (general)                  847,713      326,002
Italy                                           2,600,944    1,198,497
 Individuals                                      362,722       12,759
 Corporations                                     735,422      275,038
Withholding rate pools (general)                  710,426      358,426
Jamaica                                           260,456      241,671
 Individuals                                       13,937          779
 Corporations                                     237,673      235,696
Withholding rate pools (general)                        d            d
Japan                                          67,894,317   35,158,401
 Individuals                                      795,682       26,224
 Corporations                                  29,657,990   13,035,120
Withholding rate pools (general)               13,451,772    5,700,241
Jersey                                          2,660,391    2,052,244
 Individuals                                        7,418          757
 Corporations                                   2,416,981    1,987,858
Withholding rate pools (general)                  135,122       50,587
Korea, Republic of (South)                      6,357,447    3,306,408
 Individuals                                      104,041        3,355
 Corporations                                   1,177,615      422,963
Withholding rate pools (general)                  219,050      163,732
Kuwait                                          4,069,947      955,797
 Individuals                                        4,342          467
 Corporations                                      23,489       14,459
Withholding rate pools (general)                        d            d
Libya                                             110,358       19,324
 Individuals                                          778           14
 Corporations                                      27,450       18,106
Withholding rate pools (general)                        0            0
Liechtenstein                                     374,404      149,509
 Individuals                                          433           65
 Corporations                                      46,756        3,900
Withholding rate pools (general)                  201,393       87,523
Lithuania                                         126,777      117,715
 Individuals                                        2,890           58
 Corporations                                     119,269      116,464
Withholding rate pools (general)                        7            0
Luxembourg                                     47,114,896   33,438,217
 Individuals                                       40,703        3,101
 Corporations                                  30,296,091   23,445,986
Withholding rate pools (general)                9,437,075    5,665,375
Malaysia                                          998,496      821,007
 Individuals                                       26,466        5,323
 Corporations                                      25,177        4,455
Withholding rate pools (general)                       42            0
Malta                                             247,223       53,383
 Individuals                                       79,725        1,058
 Corporations                                     151,550       43,221
Withholding rate pools (general)                    6,650        3,713
Mauritius                                         112,204       57,608
 Individuals                                        1,246           91
 Corporations                                     100,297       49,358
Withholding rate pools (general)                        0            0
Mexico                                          6,076,085    1,461,002
 Individuals                                    1,097,243      148,515
 Corporations                                   3,146,091      322,653
Withholding rate pools (general)                      165           59
Monaco                                            257,503      126,315
 Individuals                                       20,806        2,849
 Corporations                                      11,782        2,717
Withholding rate pools (general)                  211,278      119,581
Netherlands                                    30,270,556    9,202,114
 Individuals                                      124,753       21,229
 Corporations                                  17,129,090    5,503,091
Withholding rate pools (general)                1,205,933      264,403
New Zealand                                       533,967      168,176
 Individuals                                       48,277        1,922
 Corporations                                      99,605       20,816
Withholding rate pools (general)                       21            4
Norway                                          9,473,014    3,611,877
 Individuals                                       69,873          579
 Corporations                                     845,654      313,792
Withholding rate pools (general)                  184,242       46,282
Oman                                              344,729      221,453
 Individuals                                        1,406          501
 Corporations                                      27,826          574
Withholding rate pools (general)                        d            d
Panama                                            572,784      395,212
 Individuals                                       24,312        9,087
 Corporations                                     449,914      309,888
Withholding rate pools (general)                   15,396        8,798
Peru                                              512,011      307,448
 Individuals                                       21,787        9,214
 Corporations                                     262,771       75,886
Withholding rate pools (general)                       36            6
Philippines                                     1,117,099      819,317
 Individuals                                       64,830        4,569
 Corporations                                     103,151       33,189
Withholding rate pools (general)                        3            0
Poland                                            516,244      327,739
 Individuals                                       90,917        3,811
 Corporations                                      67,851        4,404
Withholding rate pools (general)                       49            0
Portugal                                        1,470,072    1,357,925
 Individuals                                       37,807        1,717
 Corporations                                   1,363,525    1,342,418
Withholding rate pools (general)                    3,016        1,675
Puerto Rico                                       994,618      882,871
 Individuals                                        2,733          455
 Corporations                                     626,558      563,797
Withholding rate pools (general)                        d            d
Russia                                          1,608,112    1,353,337
 Individuals                                       69,728       10,466
 Corporations                                     207,110       39,037
Withholding rate pools (general)                   12,859       12,573
Saudi Arabia                                    2,484,380    1,552,445
 Individuals                                       16,063        3,787
 Corporations                                     218,993      137,532
Withholding rate pools (general)                    4,069            d
Senegal                                           512,771       22,549
 Individuals                                        3,904          535
 Corporations                                     487,921       16,119
Withholding rate pools (general)                    5,576        2,261
Singapore                                       9,546,063    4,832,471
 Individuals                                      109,836       10,621
 Corporations                                   1,369,052    1,071,725
Withholding rate pools (general)                  393,222      170,367
South Africa                                      480,948      186,198
 Individuals                                       36,907        2,240
 Corporations                                     225,570       92,092
Withholding rate pools (general)                      136           17
Spain                                           3,626,855    1,364,755
 Individuals                                      136,555       19,439
 Corporations                                   1,454,464      231,186
Withholding rate pools (general)                  225,201      103,148
Swaziland                                         270,028      101,664
 Individuals                                        2,713           24
 Corporations                                       4,722        3,421
Withholding rate pools (general)                  260,708       97,635
Sweden                                          5,741,113    1,628,993
 Individuals                                       55,533        2,258
 Corporations                                   3,028,667      601,722
Withholding rate pools (general)                  918,482      102,505
Switzerland                                    45,050,005   20,664,743
 Individuals                                      649,315       20,502
 Corporations                                  23,873,314    9,889,122
Withholding rate pools (general)                7,853,366    3,453,241
Taiwan                                         15,510,854   13,941,274
 Individuals                                      153,761       39,094
 Corporations                                   2,887,563    2,189,351
Withholding rate pools (general)                   53,337       46,499
Thailand                                          416,185      342,348
 Individuals                                       33,485        3,537
 Corporations                                      28,290       15,534
Withholding rate pools (general)                       67            3
Trinidad and Tobago                               250,165      198,032
 Individuals                                       11,474        2,425
 Corporations                                      92,215       74,046
Withholding rate pools (general)                        d            d
Turkey                                            265,742      210,222
 Individuals                                       31,167        2,018
 Corporations                                      47,249       27,477
Withholding rate pools (general)                       23            0
United Arab Emirates                            2,758,533      904,085
 Individuals                                       21,190        1,804
 Corporations                                     294,241       74,685
Withholding rate pools (general)                       86            d
United Kingdom                                108,585,916   45,941,718
 Individuals                                    1,229,642      108,110
 Corporations                                  71,739,842   31,453,811
Withholding rate pools (general)               11,552,986    5,083,167
Uruguay                                           176,221      139,653
 Individuals                                       39,062       27,177
 Corporations                                      64,172       47,473
Withholding rate pools (general)                   22,685       19,138
Venezuela                                       2,839,367      176,347
 Individuals                                      194,675      134,636
 Corporations                                      46,022       36,288
Withholding rate pools (general)                      259          162
Vietnam                                           102,145       92,271
 Individuals                                        8,751          211
 Corporations                                         141            9
Withholding rate pools (general)                        6            0

Selected country and selected recipient type  Principal types of U.S.
                                                -source income
                                              Dividends    Rents and
                                                           royalties
                                                (5)          (6)

Total                                         205,167,036  50,716,067
          RECIPIENT TYPES
Individuals                                     2,589,078   1,829,460
Corporations                                   89,710,948  34,136,414
Partnerships and trusts                         9,536,435   1,799,310
U.S. branches treated as U.S. persons           2,839,852      14,029
Governments and international organizations    25,948,278     472,106
Tax-exempt organizations [1]                      689,398     149,416
Withholding foreign partnerships and trusts       343,520      15,186
Artists and athletes                                6,142      78,286
Withholding rate pools (general)               35,632,878     191,911
Withholding rate pools (tax-exempt)             7,056,675       1,926
Other and unknown                              30,813,832  12,028,023
SELECTED COUNTRIES AND RECIPIENT TYPES             61,525       5,921
Argentina
 Individuals                                       46,249       2,050
 Corporations                                       6,714       1,426
Withholding rate pools (general)                    7,815           d
Australia                                       4,080,251     522,422
 Individuals                                       92,051      34,805
 Corporations                                   2,084,642     364,647
Withholding rate pools (general)                   24,851         150
Austria                                           314,754     148,829
 Individuals                                       11,192       4,921
 Corporations                                      56,146      27,051
Withholding rate pools (general)                  209,370         187
Bahamas                                           376,288       4,029
 Individuals                                        5,607         236
 Corporations                                     264,038         300
Withholding rate pools (general)                   65,365          11
Barbados                                           28,494       6,615
 Individuals                                          723         101
 Corporations                                      23,438       6,414
Withholding rate pools (general)                    1,149           0
Belgium                                         3,732,892     252,506
 Individuals                                       32,612       3,604
 Corporations                                     150,795     240,437
Withholding rate pools (general)                3,104,802         127
Bermuda                                         1,006,396      19,604
 Individuals                                       10,305       1,552
 Corporations                                     611,643      13,989
Withholding rate pools (general)                   23,342           d
Brazil                                            162,739      67,319
 Individuals                                       36,120      34,675
 Corporations                                     108,953      21,813
Withholding rate pools (general)                       30           d
British Virgin Islands                          1,375,937      15,597
 Individuals                                       16,877         170
 Corporations                                   1,248,638      11,986
Withholding rate pools (general)                        4           d
Brunei                                             65,193          59
 Individuals                                           64           4
 Corporations                                         149           0
Withholding rate pools (general)                        d           d
Canada                                         18,903,370   1,563,600
 Individuals                                      149,205     191,504
 Corporations                                   5,236,212   1,111,936
Withholding rate pools (general)                6,946,786       1,148
Cayman Islands                                 12,004,739     218,190
 Individuals                                       12,121         149
 Corporations                                   6,728,571     199,009
Withholding rate pools (general)                    5,762       2,744
Chile                                             550,849       3,292
 Individuals                                       15,026         461
 Corporations                                     502,654       2,401
Withholding rate pools (general)                       14           d
China                                           6,366,027     279,615
 Individuals                                       49,707      16,441
 Corporations                                      77,276     213,042
Withholding rate pools (general)                       25           6
Colombia                                          239,808      11,360
 Individuals                                        8,485       3,005
 Corporations                                     224,500       5,669
Withholding rate pools (general)                        9           6
Cyprus                                             12,828      16,420
 Individuals                                        1,485         516
 Corporations                                      10,125      15,327
Withholding rate pools (general)                        5           9
Czech Republic                                     58,147      15,789
 Individuals                                        4,444         641
 Corporations                                       3,969      12,218
Withholding rate pools (general)                   11,832           8
Denmark                                         2,650,055     499,674
 Individuals                                        5,321       6,970
 Corporations                                   1,895,068     213,986
Withholding rate pools (general)                  296,567          37
East Timor                                         83,519          49
 Individuals                                           35          14
 Corporations                                         788           0
Withholding rate pools (general)                        0           0
Finland                                           586,814      73,575
 Individuals                                        2,435       1,273
 Corporations                                     398,259      44,788
Withholding rate pools (general)                   23,816           d
France                                          6,806,081   1,985,534
 Individuals                                       65,549      26,732
 Corporations                                   2,808,239   1,762,545
Withholding rate pools (general)                  548,928         272
Gabon                                               1,417      52,850
 Individuals                                          256         632
 Corporations                                          52      28,281
Withholding rate pools (general)                        d           d
Germany                                         4,826,058   4,684,306
 Individuals                                      182,259      66,370
 Corporations                                   2,612,282   4,143,676
Withholding rate pools (general)                1,101,375       1,117
Gibraltar                                         214,955          73
 Individuals                                          536          14
 Corporations                                     203,205           7
Withholding rate pools (general)                    6,179           d
Greece                                             11,292       5,681
 Individuals                                        7,970         713
 Corporations                                       2,188       3,799
Withholding rate pools (general)                       24           d
Guernsey                                          478,304         530
 Individuals                                        5,082          18
 Corporations                                     282,796         334
Withholding rate pools (general)                  130,751         169
Hong Kong                                       1,518,590      91,152
 Individuals                                       95,404      11,439
 Corporations                                      86,012      35,443
Withholding rate pools (general)                  452,693         115
Hungary                                           199,593      33,798
 Individuals                                        1,877       1,082
 Corporations                                      16,451      30,965
Withholding rate pools (general)                        d          13
India                                             100,799     128,652
 Individuals                                       20,713       4,551
 Corporations                                      77,045      86,430
Withholding rate pools (general)                        4          41
Indonesia                                           5,593       2,439
 Individuals                                        4,182       1,773
 Corporations                                         503         114
Withholding rate pools (general)                       36          10
Ireland                                         4,367,421   4,586,329
 Individuals                                       41,594      14,665
 Corporations                                   4,143,486   1,027,851
Withholding rate pools (general)                    1,961         137
Israel                                            615,584     204,615
 Individuals                                       42,903       7,153
 Corporations                                      43,398     123,056
Withholding rate pools (general)                  443,360          34
Italy                                             554,282     277,077
 Individuals                                       25,077       7,511
 Corporations                                     132,380     187,221
Withholding rate pools (general)                  287,245          58
Jamaica                                             3,229       2,408
 Individuals                                        1,156       1,119
 Corporations                                       1,603         116
Withholding rate pools (general)                        d           d
Japan                                          11,487,347   5,751,959
 Individuals                                       94,974     267,310
 Corporations                                   2,377,658   4,946,783
Withholding rate pools (general)                6,676,892           9
Jersey                                            347,660       2,510
 Individuals                                        6,016          51
 Corporations                                     202,714       2,377
Withholding rate pools (general)                   67,699           5
Korea, Republic of (South)                      1,465,595     408,992
 Individuals                                       12,052      10,458
 Corporations                                     266,783     330,077
Withholding rate pools (general)                   49,710          25
Kuwait                                          2,584,070         271
 Individuals                                        2,688         235
 Corporations                                       5,317           d
Withholding rate pools (general)                        d           d
Libya                                              90,252           0
 Individuals                                            8           0
 Corporations                                       9,320           0
Withholding rate pools (general)                        0           0
Liechtenstein                                     168,360         865
 Individuals                                          257           0
 Corporations                                      19,596         655
Withholding rate pools (general)                   83,212          45
Lithuania                                             862       1,497
 Individuals                                          606         184
 Corporations                                         168       1,252
Withholding rate pools (general)                        0           7
Luxembourg                                      9,456,409     810,654
 Individuals                                       18,321      15,076
 Corporations                                   4,075,972     327,503
Withholding rate pools (general)                2,928,364         321
Malaysia                                          142,362       2,541
 Individuals                                       13,895       1,257
 Corporations                                       2,331       1,123
Withholding rate pools (general)                       37           6
Malta                                              15,974      26,129
 Individuals                                        1,329          90
 Corporations                                       9,352      25,826
Withholding rate pools (general)                    2,794           0
Mauritius                                          18,362       1,117
 Individuals                                          323          16
 Corporations                                      17,705       1,091
Withholding rate pools (general)                        0           0
Mexico                                            812,245   1,020,624
 Individuals                                      125,566      14,526
 Corporations                                     322,708     973,169
Withholding rate pools (general)                       92           4
Monaco                                             89,705      13,444
 Individuals                                        8,146       5,166
 Corporations                                         777       7,887
Withholding rate pools (general)                   79,284          31
Netherlands                                    15,693,325   1,562,229
 Individuals                                       38,983       5,291
 Corporations                                   8,034,082   1,166,056
Withholding rate pools (general)                  721,630      58,128
New Zealand                                       271,986      23,911
 Individuals                                       17,941       8,393
 Corporations                                      45,513       9,888
Withholding rate pools (general)                        0          17
Norway                                          4,954,038      50,011
 Individuals                                       13,866       8,226
 Corporations                                     248,493      37,523
Withholding rate pools (general)                   62,611          37
Oman                                               86,709          16
 Individuals                                          470          15
 Corporations                                          45           0
Withholding rate pools (general)                        d           d
Panama                                            139,468       1,483
 Individuals                                        4,134         257
 Corporations                                     119,634         951
Withholding rate pools (general)                    5,451           9
Peru                                              173,546         943
 Individuals                                        3,635         424
 Corporations                                     169,176         273
Withholding rate pools (general)                       26           0
Philippines                                        15,891      12,761
 Individuals                                        8,652       1,139
 Corporations                                       4,150       5,965
Withholding rate pools (general)                        0           3
Poland                                             23,106      56,740
 Individuals                                        4,220       7,550
 Corporations                                       9,232      29,108
Withholding rate pools (general)                        d          49
Portugal                                           41,453       4,892
 Individuals                                        6,260         500
 Corporations                                       4,359       1,344
Withholding rate pools (general)                    1,245          18
Puerto Rico                                        78,594         664
 Individuals                                          272          37
 Corporations                                      40,893         185
Withholding rate pools (general)                        d           d
Russia                                             23,147      24,323
 Individuals                                       12,831      12,645
 Corporations                                       7,631       6,293
Withholding rate pools (general)                      245          41
Saudi Arabia                                      737,625       1,078
 Individuals                                        6,523         363
 Corporations                                      28,175         344
Withholding rate pools (general)                        d           d
Senegal                                             6,951       2,746
 Individuals                                        1,556          25
 Corporations                                       2,410          14
Withholding rate pools (general)                    2,862           d
Singapore                                       3,266,576      33,140
 Individuals                                       74,477       3,223
 Corporations                                     156,923      22,504
Withholding rate pools (general)                  202,529         198
South Africa                                      214,121       9,447
 Individuals                                       18,775       3,144
 Corporations                                     102,399       5,198
Withholding rate pools (general)                      116           d
Spain                                             338,659     232,622
 Individuals                                       47,723       8,705
 Corporations                                     158,283     108,858
Withholding rate pools (general)                  107,078          61
Swaziland                                         121,745       2,728
 Individuals                                           80       1,562
 Corporations                                       1,227           0
Withholding rate pools (general)                  120,439          39
Sweden                                          2,295,073   1,157,236
 Individuals                                       10,743       6,241
 Corporations                                   1,116,544     866,986
Withholding rate pools (general)                  810,456          10
Switzerland                                    10,890,385   5,398,342
 Individuals                                      128,437     431,588
 Corporations                                   4,812,156   2,511,419
Withholding rate pools (general)                4,103,644         890
Taiwan                                            884,194      17,367
 Individuals                                       72,768       1,656
 Corporations                                     461,150       2,912
Withholding rate pools (general)                    4,778           6
Thailand                                           40,906       3,816
 Individuals                                        8,900       1,869
 Corporations                                       9,743         468
Withholding rate pools (general)                        0          63
Trinidad and Tobago                                41,823         348
 Individuals                                        2,891         161
 Corporations                                      16,008          34
Withholding rate pools (general)                        d           d
Turkey                                             10,179       7,858
 Individuals                                        5,776       1,269
 Corporations                                       3,647       3,328
Withholding rate pools (general)                       15           9
United Arab Emirates                            1,324,280       4,518
 Individuals                                       11,092       1,343
 Corporations                                      64,483       1,703
Withholding rate pools (general)                       84           d
United Kingdom                                 24,705,043   3,554,310
 Individuals                                      465,393     205,149
 Corporations                                  10,755,055   2,447,837
Withholding rate pools (general)                3,789,816     122,639
Uruguay                                            24,096         875
 Individuals                                        7,058         371
 Corporations                                      12,261         210
Withholding rate pools (general)                    3,149           3
Venezuela                                          45,469       4,058
 Individuals                                       38,275       2,739
 Corporations                                       6,027         750
Withholding rate pools (general)                       93           0
Vietnam                                               559         247
 Individuals                                          404         193
 Corporations                                          53          27
Withholding rate pools (general)                        5           d

Selected country and selected recipient type  Principal types of U.S.
                                                -source income
                                              Social        Personal
                                              Security and  services
                                              railroad      income
                                              retirement
                                              payments
                                               (7)           (8)

Total                                         1,928,987     5,979,793
          RECIPIENT TYPES
Individuals                                   1,928,987     1,553,820
Corporations                                          0     3,966,774
Partnerships and trusts                               0        34,762
U.S. branches treated as U.S. persons                 0         2,823
Governments and international organizations           0        56,864
Tax-exempt organizations [1]                          0        15,146
Withholding foreign partnerships and trusts           0         1,813
Artists and athletes                                  0         1,767
Withholding rate pools (general)                      0           438
Withholding rate pools (tax-exempt)                   0             5
Other and unknown                                     0       345,581
SELECTED COUNTRIES AND RECIPIENT TYPES            8,243         5,691
Argentina
 Individuals                                      8,243         2,709
 Corporations                                         0           512
Withholding rate pools (general)                      0             0
Australia                                        35,132        24,519
 Individuals                                     35,132         5,144
 Corporations                                         0        15,610
Withholding rate pools (general)                      0             0
Austria                                           9,616         5,615
 Individuals                                      9,616           826
 Corporations                                         0         3,298
Withholding rate pools (general)                      0             0
Bahamas                                             771         6,316
 Individuals                                        771           315
 Corporations                                         0             d
Withholding rate pools (general)                      0             0
Barbados                                          1,266           206
 Individuals                                      1,266           201
 Corporations                                         0             d
Withholding rate pools (general)                      0             0
Belgium                                           7,911        18,839
 Individuals                                      7,911         7,923
 Corporations                                         0         9,593
Withholding rate pools (general)                      0             0
Bermuda                                           1,365        11,514
 Individuals                                      1,365           488
 Corporations                                         0         8,128
Withholding rate pools (general)                      0             0
Brazil                                            5,370        10,480
 Individuals                                      5,370         7,149
 Corporations                                         0         1,609
Withholding rate pools (general)                      0             0
British Virgin Islands                              199           221
 Individuals                                        199            45
 Corporations                                         0           173
Withholding rate pools (general)                      0             0
Brunei                                                0             d
 Individuals                                          0             d
 Corporations                                         0             0
Withholding rate pools (general)                      d             d
Canada                                          410,873       542,764
 Individuals                                    410,873       128,900
 Corporations                                         0       390,638
Withholding rate pools (general)                      0             0
Cayman Islands                                      626         1,429
 Individuals                                        626             d
 Corporations                                         0            49
Withholding rate pools (general)                      0             0
Chile                                             7,211         2,488
 Individuals                                      7,211           958
 Corporations                                         0            96
Withholding rate pools (general)                      0             0
China                                               416       386,425
 Individuals                                        416       321,471
 Corporations                                         0        35,761
Withholding rate pools (general)                      0             0
Colombia                                          9,763         3,335
 Individuals                                      9,763         2,573
 Corporations                                         0           556
Withholding rate pools (general)                      0             0
Cyprus                                              798        11,617
 Individuals                                        798           169
 Corporations                                         0        11,353
Withholding rate pools (general)                      0             0
Czech Republic                                    1,358       107,611
 Individuals                                      1,358         2,330
 Corporations                                         0       105,218
Withholding rate pools (general)                      0             0
Denmark                                           6,554         6,793
 Individuals                                      6,554         2,008
 Corporations                                         0         4,491
Withholding rate pools (general)                      0             0
East Timor                                            0             0
 Individuals                                          0             0
 Corporations                                         0             0
Withholding rate pools (general)                      0             0
Finland                                           3,338         3,107
 Individuals                                      3,338           742
 Corporations                                         0         1,831
Withholding rate pools (general)                      0             0
France                                           39,851        76,204
 Individuals                                     39,851        42,543
 Corporations                                         0        25,085
Withholding rate pools (general)                      0             0
Gabon                                                 0         7,943
 Individuals                                          0           165
 Corporations                                         0         7,578
Withholding rate pools (general)                      d             d
Germany                                         137,475       113,268
 Individuals                                    137,475        48,612
 Corporations                                         0        59,238
Withholding rate pools (general)                      0             0
Gibraltar                                            10            55
 Individuals                                         10             0
 Corporations                                         0            55
Withholding rate pools (general)                      0             0
Greece                                           35,886         3,647
 Individuals                                     35,886         3,210
 Corporations                                         0             4
Withholding rate pools (general)                      0             0
Guernsey                                            161             0
 Individuals                                        161             0
 Corporations                                         0             0
Withholding rate pools (general)                      0             0
Hong Kong                                         1,845         3,484
 Individuals                                      1,845         2,238
 Corporations                                         0         1,082
Withholding rate pools (general)                      0             0
Hungary                                           1,267         3,896
 Individuals                                      1,267         2,727
 Corporations                                         0           980
Withholding rate pools (general)                      0             0
India                                             4,082     1,271,949
 Individuals                                      4,082        19,857
 Corporations                                         0     1,246,089
Withholding rate pools (general)                      0             0
Indonesia                                           393         1,317
 Individuals                                        393         1,220
 Corporations                                         0            63
Withholding rate pools (general)                      0             0
Ireland                                          26,553        89,060
 Individuals                                     26,553         1,523
 Corporations                                         0        86,174
Withholding rate pools (general)                      0             0
Israel                                           13,246        23,241
 Individuals                                     13,246        16,888
 Corporations                                         0         3,482
Withholding rate pools (general)                      0             0
Italy                                            98,577        34,939
 Individuals                                     98,577        20,668
 Corporations                                         0        10,230
Withholding rate pools (general)                      0             0
Jamaica                                           4,211         2,130
 Individuals                                      4,211         2,106
 Corporations                                         0             d
Withholding rate pools (general)                      d             d
Japan                                           292,060       178,774
 Individuals                                    292,060        31,710
 Corporations                                         0       141,623
Withholding rate pools (general)                      0             0
Jersey                                              215           291
 Individuals                                        215           220
 Corporations                                         0            72
Withholding rate pools (general)                      0             0
Korea, Republic of (South)                       12,750        58,365
 Individuals                                     12,750        25,769
 Corporations                                         0        27,431
Withholding rate pools (general)                      0             0
Kuwait                                                0             d
 Individuals                                          0             d
 Corporations                                         0             0
Withholding rate pools (general)                      d             d
Libya                                                 0             7
 Individuals                                          0             7
 Corporations                                         0             0
Withholding rate pools (general)                      0             0
Liechtenstein                                        33            41
 Individuals                                         33            41
 Corporations                                         0             0
Withholding rate pools (general)                      0             0
Lithuania                                            99           629
 Individuals                                         99           449
 Corporations                                         0           165
Withholding rate pools (general)                      0             0
Luxembourg                                          607         3,047
 Individuals                                        607           380
 Corporations                                         0         2,640
Withholding rate pools (general)                      0             0
Malaysia                                            453           586
 Individuals                                        453           265
 Corporations                                         0           318
Withholding rate pools (general)                      0             0
Malta                                             2,502           983
 Individuals                                      2,502           429
 Corporations                                         0           553
Withholding rate pools (general)                      0             0
Mauritius                                            76        14,934
 Individuals                                         76             6
 Corporations                                         0        14,928
Withholding rate pools (general)                      0             0
Mexico                                          241,775       530,953
 Individuals                                    241,775       466,296
 Corporations                                         0        51,725
Withholding rate pools (general)                      0             0
Monaco                                              542           103
 Individuals                                        542           103
 Corporations                                         0             0
Withholding rate pools (general)                      0             0
Netherlands                                      20,417       344,395
 Individuals                                     20,417         9,157
 Corporations                                         0       235,149
Withholding rate pools (general)                      0             0
New Zealand                                       1,704        14,229
 Individuals                                      1,704           769
 Corporations                                         0        12,940
Withholding rate pools (general)                      0             0
Norway                                           21,515        78,023
 Individuals                                     21,515        17,838
 Corporations                                         0        38,678
Withholding rate pools (general)                      0             0
Oman                                                  0            92
 Individuals                                          0             0
 Corporations                                         0            92
Withholding rate pools (general)                      d             d
Panama                                            2,414         1,614
 Individuals                                      2,414         1,531
 Corporations                                         0            13
Withholding rate pools (general)                      0             0
Peru                                              2,279           894
 Individuals                                      2,279           487
 Corporations                                         0           278
Withholding rate pools (general)                      0             0
Philippines                                      32,877         2,757
 Individuals                                     32,877         1,536
 Corporations                                         0           881
Withholding rate pools (general)                      0             0
Poland                                           63,273        10,736
 Individuals                                     63,273         4,738
 Corporations                                         0         5,525
Withholding rate pools (general)                      0             0
Portugal                                         19,366         4,693
 Individuals                                     19,366         3,840
 Corporations                                         0           146
Withholding rate pools (general)                      0             0
Puerto Rico                                         541           814
 Individuals                                        541            21
 Corporations                                         0           747
Withholding rate pools (general)                      d             d
Russia                                               77        17,811
 Individuals                                         77        11,501
 Corporations                                         0         6,080
Withholding rate pools (general)                      0             0
Saudi Arabia                                         19           535
 Individuals                                         19           486
 Corporations                                         0            45
Withholding rate pools (general)                      d             d
Senegal                                              22         2,090
 Individuals                                         22           157
 Corporations                                         0         1,858
Withholding rate pools (general)                      0             0
Singapore                                           563         5,378
 Individuals                                        563         1,213
 Corporations                                         0         3,107
Withholding rate pools (general)                      0             0
South Africa                                      1,418         1,327
 Individuals                                      1,418           979
 Corporations                                         0           111
Withholding rate pools (general)                      0             0
Spain                                            29,979       229,582
 Individuals                                     29,979         6,456
 Corporations                                         0       220,021
Withholding rate pools (general)                      0             0
Swaziland                                            17             d
 Individuals                                         17             d
 Corporations                                         0             0
Withholding rate pools (general)                      0             0
Sweden                                           17,633        10,045
 Individuals                                     17,633         3,239
 Corporations                                         0         5,560
Withholding rate pools (general)                      0             0
Switzerland                                      22,012       396,803
 Individuals                                     22,012         7,531
 Corporations                                         0       386,742
Withholding rate pools (general)                      0            95
Taiwan                                              736        23,538
 Individuals                                        736           953
 Corporations                                         0        22,203
Withholding rate pools (general)                      0             0
Thailand                                          5,940         4,003
 Individuals                                      5,940         3,556
 Corporations                                         0           366
Withholding rate pools (general)                      0             0
Trinidad and Tobago                               1,878           655
 Individuals                                      1,878           604
 Corporations                                         0             5
Withholding rate pools (general)                      d             d
Turkey                                            1,544           752
 Individuals                                      1,544           705
 Corporations                                         0             6
Withholding rate pools (general)                      0             0
United Arab Emirates                                 83        10,804
 Individuals                                         83           172
 Corporations                                         0         3,288
Withholding rate pools (general)                      0             0
United Kingdom                                  133,220       403,305
 Individuals                                    133,220        50,226
 Corporations                                         0       317,745
Withholding rate pools (general)                      0             0
Uruguay                                           1,016         3,403
 Individuals                                      1,016         1,125
 Corporations                                         0         2,259
Withholding rate pools (general)                      0             0
Venezuela                                         1,010         5,445
 Individuals                                      1,010         3,915
 Corporations                                         0            17
Withholding rate pools (general)                      0             0
Vietnam                                              33           377
 Individuals                                         33           237
 Corporations                                         0            24
Withholding rate pools (general)                      0             0

Selected country and selected recipient type  Principal types of U.S.
                                                  -source income
                                              Notional
                                              principal
                                              contract
                                              income
                                                (9)

Total                                        47,233,239
          RECIPIENT TYPES
Individuals                                       4,916
Corporations                                 36,566,117
Partnerships and trusts                               0
U.S. branches treated as U.S. persons         2,747,578
Governments and international organizations           0
Tax-exempt organizations [1]                          0
Withholding foreign partnerships and trusts     709,931
Artists and athletes                                  0
Withholding rate pools (general)                      0
Withholding rate pools (tax-exempt)                   0
Other and unknown                             7,204,698
SELECTED COUNTRIES AND RECIPIENT TYPES                0
Argentina
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0
Australia                                       977,153
 Individuals                                          0
 Corporations                                   972,082
Withholding rate pools (general)                      0
Austria                                               0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0
Bahamas                                               0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0
Barbados                                              5
 Individuals                                          0
 Corporations                                         5
Withholding rate pools (general)                      0
Belgium                                           8,063
 Individuals                                          0
 Corporations                                        33
Withholding rate pools (general)                      0
Bermuda                                               0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0
Brazil                                                0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0
British Virgin Islands                                0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0
Brunei                                                0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      d
Canada                                        2,718,515
 Individuals                                          0
 Corporations                                 2,123,840
Withholding rate pools (general)                      0
Cayman Islands                                3,129,356
 Individuals                                          0
 Corporations                                       277
Withholding rate pools (general)                      0
Chile                                             2,886
 Individuals                                          0
 Corporations                                       353
Withholding rate pools (general)                      0
China                                                 0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0
Colombia                                              0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0
Cyprus                                                0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0
Czech Republic                                        0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0
Denmark                                               0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0
East Timor                                            0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0
Finland                                               0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0
France                                       10,599,273
 Individuals                                          0
 Corporations                                 9,921,557
Withholding rate pools (general)                      0
Gabon                                                 0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      d
Germany                                       1,362,445
 Individuals                                          0
 Corporations                                 1,261,687
Withholding rate pools (general)                      0
Gibraltar                                             0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0
Greece                                                0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0
Guernsey                                              0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0
Hong Kong                                             0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0
Hungary                                               0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0
India                                            24,192
 Individuals                                          0
 Corporations                                    21,874
Withholding rate pools (general)                      0
Indonesia                                             0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0
Ireland                                           3,694
 Individuals                                          0
 Corporations                                     3,694
Withholding rate pools (general)                      0
Israel                                            1,198
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0
Italy                                                91
 Individuals                                          0
 Corporations                                        36
Withholding rate pools (general)                      0
Jamaica                                               0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      d
Japan                                         4,177,933
 Individuals                                          0
 Corporations                                 1,190,214
Withholding rate pools (general)                      0
Jersey                                                0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0
Korea, Republic of (South)                            0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0
Kuwait                                                0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      d
Libya                                                 0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0
Liechtenstein                                         0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0
Lithuania                                             0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0
Luxembourg                                            0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0
Malaysia                                              0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0
Malta                                                 0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0
Mauritius                                             0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0
Mexico                                               20
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0
Monaco                                                0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0
Netherlands                                     197,191
 Individuals                                          0
 Corporations                                    46,310
Withholding rate pools (general)                      0
New Zealand                                           0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0
Norway                                            5,482
 Individuals                                          0
 Corporations                                     3,787
Withholding rate pools (general)                      0
Oman                                                  0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      d
Panama                                                0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0
Peru                                                  0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0
Philippines                                           0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0
Poland                                                0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0
Portugal                                              0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0
Puerto Rico                                           0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      d
Russia                                                0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0
Saudi Arabia                                          0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      d
Senegal                                               0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0
Singapore                                         4,916
 Individuals                                      4,916
 Corporations                                         0
Withholding rate pools (general)                      0
South Africa                                          0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0
Spain                                         1,014,022
 Individuals                                          0
 Corporations                                   387,600
Withholding rate pools (general)                      0
Swaziland                                             0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0
Sweden                                                0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0
Switzerland                                   1,368,770
 Individuals                                          0
 Corporations                                 1,073,785
Withholding rate pools (general)                      0
Taiwan                                           15,956
 Individuals                                          0
 Corporations                                    15,956
Withholding rate pools (general)                      0
Thailand                                              0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0
Trinidad and Tobago                                   0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      d
Turkey                                                0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0
United Arab Emirates                                  0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0
United Kingdom                               21,342,196
 Individuals                                          0
 Corporations                                19,394,142
Withholding rate pools (general)                      0
Uruguay                                               0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0
Venezuela                                             0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0
Vietnam                                               0
 Individuals                                          0
 Corporations                                         0
Withholding rate pools (general)                      0

d--Not shown to avoid disclosure of information about specific
taxpayers. However, the data are included in the appropriate totals.
[1] Unrelated business income paid to foreign tax-exempt organizations
is subject to U.S. withholding tax.
NOTES: Detail may not add to totals because of rounding. Form 1042-S is
entitled Foreign Person's U.S.-Source Income Subject to Withholding.
All countries with total U.S.-source income over $100 million for
Calendar Year 2015 were selected for this table.
SOURCE: IRS, Statistics of Income Division, Foreign Recipients of U.S.
Income, October 2017.

Table 3. Recipients of U.S. Income Under Chapter 4 Withholding Filing
Forms 1042-S: Number, Total U.S.-Source Income, and U.S. Tax Withheld,
by Selected Income Types, Calendar Year 2015

[Money amounts are in thousands of dollars]

Income types                      Number of     U.S.-source income
                                  Forms 1042-S  Total      Exempt from
                                     [1]                   withholding
                                   (1)              (2)       (3)

Total                             72,350        3,670,206  2,922,205
Dividends                         37,083          579,699    220,353
Interest                          27,803        1,291,907    983,337
Rents and royalties                1,475          601,065    557,979
Return on capital                    520           52,435     46,838
Compensation for independent         498           48,356     45,509
personal services
Pensions, annuities, alimony,        105           23,589     21,670
and/or insurance premiums
Notional principal contract           22          758,160    758,160
income
Scholarship or fellowship grants      16           12,601      2,131
All other income types             4,828          302,394    286,226

Income types                      U.S.-source income
                                  Subject to        U.S. tax
                                  withholding       withheld
                                     (4)             (5)

Total                             748,001           95,006
Dividends                         359,346           43,469
Interest                          308,569           34,223
Rents and royalties                43,086            6,735
Return on capital                   5,597            1,512
Compensation for independent        2,847              785
personal services
Pensions, annuities, alimony,       1,919              525
and/or insurance premiums
Notional principal contract             0                0
income
Scholarship or fellowship grants   10,470            3,493
All other income types             16,168            4,264

[1] Data in this table are based on returns filed pursuant to Chapter 4
of the Internal Revenue Code. Returns that were filed pursuant to
Chapter 3 of the Code are not included in this table; however, they are
included in Tables 1 and 2.
NOTES: Detail may not add to totals because of rounding. Form 1042-S is
entitled Foreign Person's U.S.-Source Income Subject to Withholding.
SOURCE: IRS, Statistics of Income Division, Foreign Recipients of U.S.
Income, October 2017.
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Author:Luttrell, Scott
Publication:Statistics of Income. SOI Bulletin
Article Type:Report
Geographic Code:1USA
Date:Jun 22, 2018
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