Nonresident Alien Vendors - How to Handle the Information Reporting and Backup Withholding Requirements 2015 is a webinar that covers topics such as:
- How to determine whether to request a W-9 or a W-8 from the vendor?
- How to locate and apply tax treaties between the USA and foreign countries
- How does the IRS define a Nonresident Alien?
- Managing NRA information reporting and backup withholding
- Tax treaty to confirm a claim of exemption from or reduced rate of backup withholding
- When and how to properly initiate backup withholding on NRAs
- The specifics of the five unique Forms W-8 and when to request each one
- How to properly report backup withholding on the Annual Withholding Tax Return
- How to determine the beneficial owner of the payments you are making
- Best way to handle questions from NRAs who do not understand your requests or the forms
- Avoid the penalties for under-withholding and failure to report NRAs
- The 1042-S and related forms for filing 1042-S`s
Nonresident Alien Vendors - How to Handle the Information Reporting and Backup Withholding Requirements 2015 is intended for:
- Accounting Managers
- Controllers
- CFOs
- Financial and educational institutions
- Tax Specialists
- Accounts Payable Managers of companies and institutions
