The IRS has stepped up monitoring and auditing US 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 suppliers outside the US.
In this webinar, Laurie Hatten-Boyd, Principal at KPMG LLP, will provide an overview of US tax compliance rules related to companies paying their global suppliers.
What we’ll discuss:
- A summary of US tax rules as they relate to paying global suppliers, including new IRS regulations
- Steps your organization can take to avoid legal and financial penalties
- How to ensure your payees select the correct form based on their country and corporate structure
- How to determine which payees require tax withholding by treaty
- Understanding the basics around end-of-year 1099/1042-S tax reporting
- Vendor:
- Tipalti NA
- Posted:
- Jan 14, 2025
- Published:
- Jan 14, 2025
- Format:
- Type:
- Replay