On June 9, Clayton & McKervey Transfer Pricing Principal Alex Martin participated in a video produced by Butzel Long. Titled Transfer Pricing: Is Your Company Paying Its Fair Share of Taxes?, the presentation discuss transfer pricing – why it’s a hot topic, how auditors review transfer pricing, best practices for assessing transfer pricing issues, and U.S., global and state developments.
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.