The IRS has stepped up monitoring and auditing of U.S. businesses’ accounts payable tax compliance to ensure they’re meeting IRS regulations, including a labyrinth of tax forms and related requirements that affect how you engage with each business supplier outside the United States.
In this webinar, Laurie Hatten-Boyd, Principal at KPMG LLP, will provide an overview of U.S. tax compliance rules as it relates to companies paying their global suppliers. Laurie will explain how new IRS requirements impact organizations with global supplier bases and the legal and financial penalties for non-compliance.
Learning Objectives:
- Summarize an overview of U.S. tax rules as it relates to paying global suppliers, including new IRS regulations
- Review steps your organization can take to avoid legal and financial penalties
- Recognize how to ensure your payees select the correct form based on their country and corporate structure
- Determine which payees require tax withholding by treaty
- Identify the basics around end-of-year 1099/1042-S tax reporting
- Vendor:
- Tipalti NA
- Premiered:
- Jun 1, 2023, 07:44 EDT (11:44 GMT)