Partnerships are required to
withhold income tax on effectively connected taxable income deemed allocable to foreign partners.
The certificate authorizes the purchaser to
withhold (and remit) an amount less than the 15% FIRPTA withholding tax.
A payor of U.S.-sourced income to a nonresident alien is generally required to deduct and
withhold 30% of the amount of the payment, unless a lower treaty rate applies.
Comelec also argued that the exemption did not distinguish what kind of tax it is exempted from, and given that the withholding tax is still a tax, it should not be faulted for its failure to
withhold such tax.
If the application is still pending with the IRS on the date of sale, the transferee must
withhold the correct amount of tax, but the amount withheld does not have to be reported and paid immediately.
In addition, the section imposes additional filing requirements for payroll providers who
withhold Illinois Income Tax for employers during the year and who are subject to magnetic media filings under 26 CFR 301.60112.
QIs are foreign financial institutions that contract with IRS to
withhold and report U.S.
It mandates that federal, state and local governments
withhold 3 percent from payments for goods and services.
Agencies would no longer be required to
withhold 5% of the amount due under a time-and-materials or labor-hour contract if the Federal Acquisition Regulation councils adopt a proposed rule.
The new withholding tables will tell employers and payroll administrators how much less in federal income taxes to
withhold from workers' wages.
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Anne makes the difficult choice to
withhold treatment, and the infant's soul is released from his imperfect body.
Know the side effects and know when to
withhold medications and notify the physician.
The most recent answer to such problems, which may well become standard practice, is to sedate these patients into complete unconsciousness and to
withhold nutrition and hydration until they die.
To eliminate the underwithholding, the taxpayers could either instruct one of the employers to
withhold an additional specific amount per pay period or to
withhold at the higher withholding rates for a single rather than a married taxpayer.