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  1. FAQs
  2. Regulations

US Source Income Reporting

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Last updated 3 years ago

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If your Euro Pacific Trader brokerage account earns US source , Euro Pacific Securities, Inc. and its brokerage custodian are mandated to report this US source FDAP income to the IRS, regardless of your residence jurisdiction.

The United States requires all withholding agents to file an information return, known as a , Foreign Person’s U.S. Source Income Subject to Withholding, to report amounts paid to foreign persons that are described under the , which includes all Fixed or determinable, annual or periodical (FDAP) income.

IRS Expansion of Reporting Scope

Please note as of January 2017, IRS Section 871(m), has expanded the scope of reporting requirements to include single stock CFDs with a US equity as an underlying asset.

‘fixed or determinable, annual or periodical (FDAP) income’
Form 1042-S
Amounts Subject to NRA Withholding and Reporting