Finanse publiczne · 07/06/2011

Extension of Withholding to Certain Payments Made by Government Entities; Correction

The IRS has corrected final regulations regarding withholding by government entities, which were published in the Federal Register on May 9, 2011, to reflect changes in the law made by the Tax Increase Prevention and Reconciliation Act of 2005, requiring government entities to withhold income tax from payments to individuals providing property or services.