United Microelectronics Corp (ADR) (UMC) Description. An independent semiconductor foundries whose primary business is the manufacture, or 'fabrication', of semiconductors, sometimes called 'chips' or 'integrated circuits', for others. Website: http://www.umc.com/.
The 1099-DIV is the tax form that you receive from each company that sends you dividends (or with whom youâve started a DRIP plan) if it paid you $10 or more in dividends or withheld any taxes from your dividends (or if the company was liquidated and you received a liquidating distribution).
The most common form used to report income for an independent contractor is the 1099-MISC form. The Internal Revenue Service (IRS) states that being paid for services provided as a nonemployee must be reported for amounts of $600 or more in the tax year.