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Form W-8eci for Burbank California: What You Should Know

FORM. In some cases an individual can claim the foreign source income deduction if that individual meets an IRS condition for exemption: If the foreign persons source of income is business income paid to the individual for purposes of earning income. In some cases the amount that the individual needs to pay is larger than the amount that the individual would be required to pay without the foreign source income deduction. See Rev. Pro. 2008-30 for more information on how to claim the foreign source income deduction. If any of the following applies to the taxpayer: The taxpayer is a natural person. The taxpayer is a partner in the partnership. The amount of income or loss from the operation of another partnership, S corporation, limited liability company, or trust that is attributable to an active trade or business in the United States (or from the activities of another partnership that is treated as an active trade or business). An entity is treated as providing services in connection with the business activities it is carrying on if it is treated as providing such services by a law, regulation, or official interpretation of a tax law. If none of these applies, the taxpayer does not need to meet these conditions. In addition, some sources of income for the purposes of determining the foreign source income deduction for a foreign person may be disregarded. See Rev. Pro. 2008-30 for more information. The foreign income amount of the taxpayer does not substantially equal the sum of (or exceeds) the foreign source income of such taxpayer and the total of ``(1) the amount of any income derived by such taxpayer by reason of (A) the sale or exchange of stock in the corporation or (B) the sale or exchange of any stock in the foreign corporation or (2) any foreign-source income realized which is treated as other than earned in the United States by the taxpayer to the extent of 10 percent of its net income from operations in the United States. If a foreign person can claim the foreign source income deduction of a non-U.S. partnership, S corporation, or trust that is treated as a trade or business in the United States, the United States generally claims the foreign source income deduction against the partner, S corporation, or trust. See Rev. Pro. 2008-30 for more information for a partnership.

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