Barbash Arts Foundation (the “Foundation”)
Lillian and Maurice Barbash J.S. Bach Competition
Disclaimer for Non-U.S. participants
The IRS requires any person or entity in the U.S. who is awarding prize money to a non-US citizen to withhold 30% taxes on all U.S. income of that non-US citizen.
Citizens of countries that have tax treaties with the US could be either exempt from US income tax and withholding requirements or subject to lower withholding rates.
Countries that have tax treaties with the US
A non-US artist must have a tax identification number to file an income tax return or to claim tax treaty benefits, including exemptions from withholding. It is the responsibility of the non-US artist to apply for a U.S. tax identification number.
The Foundation is mandated to comply with withholding and tax filings for their payees. As a Non-U.S. participant, you will more likely be asked to:
- Complete Form W-8BEN to certify your non-US citizenship and determine the withholding requirements, if any, that would apply based on your citizenship
- Provide a valid U.S. TIN number to the Foundation. The Foundation will issue tax forms for any monies paid to you.
- Provide a complete and current address to use on such tax form.
The Foundation has not and will not provide any tax guidance as to the tax consequences of these payments to you as a non-U.S. person either in the U.S. or your home country.
It is the non-U.S. person’s responsibility to consult their tax advisors regarding their particular U.S. and home country tax obligations.