Does Schlumberger withhold tax on dividend payments?
The Internal Revenue Service (IRS) requires Computershare to withhold taxes for the applicable rate of backup withholding for U.S. persons without a W-9 tax certification who are not otherwise exempt. Computershare must withhold and pay to the IRS the applicable tax rate of such payments under certain conditions. This is called “backup withholding.” Supplying Computershare with your correct Taxpayer Identification Number (TIN), and signing this form will generally allow you to receive your payments without being subject to backup withholding. Failure to supply your TIN, or supplying Computershare with an incorrect TIN, could result in a $50.00 penalty being assessed by the IRS. Receipt of a completed Form W-9 will discontinue backup withholding unless otherwise required. The United States Internal Revenue Service requires that all non-resident alien investors certify their foreign status by completing Form W-8BEN. Failure to provide a completed Form W-8BEN may result in the imposition
