QUOTE(Hansel @ Apr 11 2017, 12:59 AM)
Prophet, the W8-BEN Form is to prove that you are a non-US Resident, and the IRS Laws say that you will not be taxed against your capital gains. However, your dividend will be taxed at a withholding rate of 30% against the dpu declared by the US payer. This 30% may be waived if your payer has a certain arrangement with the IRS, as in Manulife US REIT.
Perhaps I missed something, but where do you see that, after filling-in the W8-BEN Form saying you are a non-US Resident, you will
not be taxed in both capital gains and dividend payout ?
What you have been experiencing all these years, having invested into US counters so well, ie being tax-free on both of the above is indeed very encouraging for us to invest into US counters. Can you kindly enlighten us further ?
General Instructions For definitions of terms used throughout these instructions, see Definitions, later. Purpose of Form Establishing status for chapter 3 purposes. Foreign persons are subject to U.S. tax at a 30% rate on income they receive from U.S. sources that consists of: Interest (including certain original issue discount (OID)); Dividends; Rents; Royalties; Premiums; Annuities; Compensation for, or in expectation of, services performed; Substitute payments in a securities lending transaction; or Other fixed or determinable annual or periodical gains, profits, or income. This tax is imposed on the gross amount paid and is generally collected by withholding under section 1441. A payment is considered to have been made whether it is made directly to the beneficial owner or to another person, such as an intermediary, agent, or partnership, for the benefit of the beneficial owner. In addition, section 1446 requires a partnership conducting a trade or business in the United States to withhold tax on a foreign partner's distributive share of the partnership's effectively connected taxable income. Generally, a foreign person that is a partner in a partnership that submits a Form W-8BEN for purposes of section 1441 or 1442 will satisfy the documentation requirements under section 1446 as well. However, in some cases the documentation requirements of sections 1441 and 1442 do not match the documentation requirements of section 1446. See Regulations sections 1.1446-1 through 1.1446-6.
Note. The owner of a disregarded entity (including an individual), rather than the disregarded entity itself, must submit the appropriate Form W-8BEN for purposes of section 1446. If you receive certain types of income, you must provide Form W-8BEN to: Establish that you are not a U.S. person; Claim that you are the beneficial owner of the income for which Form W-8BEN is being provided or a foreign partner in a partnership subject to section 1446; and If applicable, claim a reduced rate of, or exemption from, withholding as a resident of a foreign country with which the United States has an income tax treaty and who is eligible for treaty benefits.
You may also be required to submit Form W-8BEN to claim an exception from domestic information reporting and backup withholding (at the backup withholding rate under section 3406) for certain types of income that are not subject to foreign-person withholding at a rate of 30% under section 1441. Such income includes: Broker proceeds; Short-term (183 days or less) original issue discount (OID); Bank deposit interest; Foreign source interest, dividends, rents, or royalties; and Proceeds from a wager placed by a nonresident alien individual in the games of blackjack, baccarat, craps, roulette, or big-6 wheel.
A withholding agent or payer of the income may rely on a properly completed Form W-8BEN to treat a payment associated with the Form W-8BEN as a payment to a foreign person who beneficially owns the amounts paid. If applicable, the withholding agent may rely on the Form W-8BEN to apply a reduced rate of, or exemption from, withholding at source. Provide Form W-8BEN to the withholding agent or payer before income is paid or credited to you. Failure to provide a Form W-8BEN when requested may lead to withholding at the foreign-person withholding rate of 30% or the backup withholding rate under section 3406.
https://www.irs.gov/pub/irs-pdf/iw8ben.pdfI looked at my dividend advice from my broker again and it says:
Gross dividend USDXXXXXX
Tax: 0.000 %
Apr 10 2017, 10:22 PM
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These are mining companies with operations outside of US. It may be a reason why I do not have to pay with holding tax for my divs. Hansel is lookin into this. 
... Why did Dividend Channels infos are all different from yours for ECC ? Your ECC is Eagle Point Credit, right ? SHow me more details,... Is Dividend Channels wrong in their infos ?
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