nonresident alien
nonresident alien Finance Definition
A
non-U.S. citizen who lives outside of the U.S. but who has taxable business
activities in the U.S. A nonresident alien is subjected to a withholding tax of
30 percent on dividend payments unless the aliens country has a tax treaty
with his or her native country. A nonresident alien is subjected to higher
income tax withholding in other financial areas as well.
Browse dictionary entries near nonresident alien
- nonresident
- Nonrepudiation
- nonrepresentational
- nonrecourse
- nonrecognition provision
- nonrated
- nonproliferation
- nonprofit corporation
- nonprofit
- nonproductive
- nonresistance
- nonresistant
- nonrestraint
- nonrestrictive
- nonscheduled
- nonsectarian
- nonsense
- nonsensical
- nonsentient
- nonskid
