The IRS recently released 2015 statistics for Form 8805, Foreign Partner's Information Statement of Section 1446 Withholding Tax. The information included a table of U.S. income and tax withheld as reported on Form 8805, by country of residence. The Form 8805 discloses income allocated to non-U.S. persons (including individuals and corporations) from partnerships that are engaged in a U.S. trade or business. An interesting tidbit is the average taxable income shown on the Forms 8805.... Read more →