The IRS Country of Residence (ICTRY) table provides country codes in the required IRS format that is used as input to the Offline 1099 Process. In addition, the IRS Country of Residence table allows a site to specify if that country has a treaty with the United States allowing an exemption or reduced tax rates for 1042-S reporting.
The valid IRS country codes are provided for the ICTRY table. Note that IRS Country of Residence is different than the Advantage Country (CTRY) table. The values on the two tables may have the same value or different values for the same country.