Does IBKR withhold state taxes from IRA distributions?

IBKR provides information on voluntary corporate actions to eligible account holders. Some corporate actions have restrictions associated with them in terms of those shareholders considered eligible for either notification or participation. In the event an action has stated restrictions, IBKR will generally take a broad view and restrict all holders who may fall under the restriction. For instance, if an offer is generally restricted for residents of the United States unless they qualify as QIBs (Qualified Institutional Buyers), IBKR will restrict all clients with residency in the United States from submitting an election…