On July 14, Clayton & McKervey Shareholder Margaret Amsden participated in a website produced by Dickinson Wright. View the recording of Finding Your Way – A Roadmap to Multistate Taxation, where determining when and where you are taxable, how to apportion activity, the types of state and local taxes that may apply, employees living and working in different states and voluntary disclosure remedies were discussed.
Tax & Assurance Guidance
Foreign Tax Withholding: What You Need to Know
Posted on April 26, 2022 by

Making service payments to a foreign person is a common cross-border transaction. U.S. taxpayers need to be aware of the applicability of withholding tax and related reporting requirements to ensure they comply and avoid unintended consequences. A U.S. payor must collect withholding tax and remit it to the IRS in the case it is applicable.