Error-Free Payments to Non-U.S. Persons

October 9, 2014

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Payments made to non-U.S. persons have a separate set of reporting obligations, which differ from the 1099 reporting requirements for U.S. persons. While accounts payable departments are generally familiar with 1099 reporting, reporting payments to non-U.S payees is a source of confusion for many. With many organizations involved in global business relationships, having knowledge of...

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