Puerto Rico backup withholding

June 25, 2020


Q. Does anyone know about Puerto Rico's backup withholding and the forms that need to be filled out and issued? I have a few Puerto Rican vendors I pay and want to make sure I get this right as they have made some changes. A. Unfortunately, our tax advisor does not provide guidance on Puerto Rico's tax reporting and withholding, so we are not able to provide a definitive answer to your question. We are not certain if you are looking for U.S. tax reporting guidelines or Puerto Rico tax reporting…

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