Abstract
While documentation is important, clearly, the main objective of that activity is preparatory to processing income payments to recipients. There is therefore a requirement for some entity in the chain to (i) withhold tax and (ii) deposit it with the appropriate authority. In this chapter we will look at some of the practical issues that flow from these two activities and some of the common pitfalls.
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© 2013 Ross K. McGill
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McGill, R.K. (2013). Withholding and Depositing Tax. In: US Withholding Tax. Global Financial Markets series. Palgrave Macmillan, London. https://doi.org/10.1057/9781137317308_4
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DOI: https://doi.org/10.1057/9781137317308_4
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-34939-5
Online ISBN: 978-1-137-31730-8
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)