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Updated almost 5 years ago on . Most recent reply
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What are the tax reporting for a foreign lender
I have an offer by a non US taxpayer to lend some money to my company.
What are the tax requirements on my side:
Does the lender needs to obtain an ITIN?
Should I issue a 1099-INT for the interest paid on the loan?
Do I have to make tax withholding on it and deposit it to the IRS?