Payrments for services out of the USA - non U.S. Citizens

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  • duanecpa
    Senior Member
    • Dec 2008
    • 112
    #1

    Payrments for services out of the USA - non U.S. Citizens

    For a U.S. based corporation, are there IRS reporting requirements for payments to vendors, non-U.S. citizens, located out of the U.S.?

    Would like citations.

    Thank you.
    Tags: None
    • Roland Slugg
      Senior Member
      • Aug 2006
      • 1860
      #2
      Absolutely! See Code ยง1441 and related Regs, among others. Another good way to start educating yourself about foreign payments and withholding would be to read the instructions for IRS forms 1042 and 1042-S.
      Roland Slugg
      "I do what I can."

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