| The IRS has extended the "Exemption for Certain Distributions From Mutual Funds".
The IRS has announced, that "the exemption from 30% tax on certain interest-related dividends and short-term capital gain dividends received from a mutual fund or other regulated investment company has been extended 2 years. It now applies to dividends for tax years of the company beginning before 2010."
For further information, taxpayers are requested to see "Dividend Income in chapter 3 of Publication 519, U.S. Tax Guide for Aliens."
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