The certificate authorizes the purchaser to withhold
(and remit) an amount less than the 15% FIRPTA withholding tax.
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.
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.
The current code section requires every employer to deduct and withhold
tax on compensation paid in Illinois.
withholding agents and QIs should withhold
taxes at the 30 percent rate.
All comments used in Feedback must be signed, but we withhold
names on request.
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.
In the managed FFS model, the traditional FFS payment arrangement dominates, but there is a withhold
that is returned if utilization is conservative.
The couple can avoid this by asking his or her employer to withhold
enough extra tax ($5.
Burford, however, was as true a believer as Ronald Reagan could find--a fact that determined the great irony of her fall--and she continued to withhold
the documents despite the threat of prosecution.
If, on the other hand, the withholding agent erroneously decides to withhold
, it could be in violation of an agreement with the payee or possibly damage a valuable relationship.
The final regulations also adopt a $10,000 withholding threshold for any single payment and provide a transition rule under which interest and penalties will not apply for a failure to withhold
on payments made before Jan.
1, payers who are required to withhold
and remit backup withholding to the IRS are also required to withhold
and remit to the FTB.
However, the partnership is required to withhold
tax on the income of foreign partners which they then claim as a prepayment on their tax returns.