The US imposes the same tax withholding rates for both dividends and payments in lieu for non-US taxpayers. The default rate is 30%; however, a lower rate may be applied if you qualify for the benefits of a US tax treaty.
I am not a US taxpayer and I understand that tax withholding on "payments in lieu" on US stock may be at a different rate from tax on dividends paid on US stock. What rate of tax will your system apply to payments in lieu of dividends in my case?
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Tax treaty benefits
Tax: Non-Us persons and entities: Us withholding tax on dividends and substitute payments in lieu
Dividend withholding procedures for foreign stocks traded in Japan
Who is subject to the dividend equivalent withholding tax?