[Code of Federal Regulations]
[Title 26, Volume 18, Parts 500 to 599]
[Revised as of April 1, 2000]
From the U.S. Government Printing Office via GPO Access
[CITE: 26CFR521.5]

[Page 139]
 
                       TITLE 26--INTERNAL REVENUE
 
     CHAPTER 1--INTERNAL REVENUE SERVICE DEPARTMENT OF THE TREASURY 
                               (Continued)
 
PART 521--DENMARK--Table of Contents
 
                       Subpart--Withholding of Tax
 
Sec. 521.5  Private pensions and life annuities.

    (a) Under Article X(2) of the convention private pensions and life 
annuities derived on or after January 1, 1948, from sources within the 
United States by a nonresident alien individual who is a resident of 
Denmark are exempt from United States tax.
    (b) The person paying such income should be notified by letter from 
the resident of Denmark that the income is exempt from taxation under 
the provisions of Article X(2) of the convention. Such letter shall 
contain the address of the individual and a statement that such 
individual is a resident of Denmark. The letter of notification, or a 
copy thereof, should be immediately forwarded by the recipient to the 
Commissioner of Internal Revenue, Records Division, Washington 25, D.C. 
Such letter shall constitute authorization to the payor of the income to 
pay such income without deduction of the tax at the source unless the 
Commissioner subsequently notifies such payor that the tax should be 
withheld with respect to payments made after such notification.