FEDERAL TAX REQUIREMENTS Sample Clauses

FEDERAL TAX REQUIREMENTS. I f Seller is a " foreign person,” as defined by Internal Revenue Code and its regulations, or if Seller fails to deliver an affidavit or a certificate of non- foreign status to Buyer that Seller is not a "foreign person,” then Buyer shall withhold from the sales proceeds an amount sufficient to comply with applicable tax law and deliver the same to the Internal Revenue Service together with appropriate tax forms. Internal Revenue Service regulations require filing written reports if currency in excess of specified amounts is received in the transaction.
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FEDERAL TAX REQUIREMENTS. If Seller is a "foreign person,” as defined by applicable law, or if Seller fails to deliver an affidavit to Buyer that Seller is not a "foreign person,” then Buyer shall withhold from the sales proceeds an amount sufficient to comply with applicable tax law and deliver the same to the Internal Revenue Service together with appropriate tax forms. Internal Revenue Service regulations require filing written reports if currency in excess of specified amounts is received in the transaction.
FEDERAL TAX REQUIREMENTS. If Seller is a "foreign person,” as defined by applicable law, or if Seller fails to deliver an affidavit to Buyer that Seller is not a "foreign person,” then Buyer shall withhold from the sales proceeds an amount sufficient to comply with applicable tax law and deliver the same to the Internal Revenue Service together with appropriate tax forms. Internal Revenue Service regulations require filing written reports if currency in excess of specified amounts is received in the transaction. To Buyer at: To Seller at: Phone: Fax: E-mail: ( ( ) ) Phone: Fax: E-mail: ( ( ) )
FEDERAL TAX REQUIREMENTS. State --------------------- ------------------------ Street shall be the "payor" (within the meaning of such term as used in Section 3405 of the Code) of benefits under the Employer Plans and under any other Individual Recordkeeping Plan except as otherwise provided in this Section. As payor, State Street shall perform any required withholding of income tax from distributions and withdrawals. Prior to the distribution of each Participant's benefits and in accordance with the applicable Service Standards, State Street shall provide appropriate notice of withholding and any applicable withholding election forms to such Participant. State Street shall provide to the Participant copies of any notice required by Section 402(f) of the Code in connection with the payment of all amounts as to which it is the payor. Notwithstanding the foregoing, State Street shall not be the payor of benefits under a Plan to the extent that such benefits are paid by the issuer of an annuity contract that is purchased by the Trustee in accordance with a Participant's election pursuant to the applicable Plan. In such event, the issuer of such annuity contract shall be the payor (within the meaning of the Code).
FEDERAL TAX REQUIREMENTS. I f Seller is a " foreign person,” as defined by Internal Revenue Code and its regulations, or if Seller fails to deliver an affidavit or a certificate of non- foreign status to Buyer that Seller is not a "foreign person,” then Buyer shall withhold from the sales proceeds an amount sufficient to comply with applicable tax law and deliver the same to the Internal Revenue Service together with appropriate tax forms. Internal Revenue Service regulations require filing written reports if currency in excess of specified amounts is received in the transaction. To Buyer at: To Sellerat: Phone: ( ) Phone: ( ) E -mail/Fax: [ ( )] E-mail/Fax: [( )] E-mail/Fax: E-mail /Fax:
FEDERAL TAX REQUIREMENTS. 45. The Buyer is responsible for withholding from the sales proceeds ten percent of the gross Sales Price in compliance with applicable tax law and submit the said amount to the Internal Revenue Service in conjunction with the relevant tax forms if the Seller falls under the definition of a "foreign person" within applicable law. The primary grounds for exemption is if the Seller furnishes an affidavit to the Buyer stating that the Seller is not a "foreign person" within applicable law along with the Seller's United States taxpayer identification number or if the Sales Price does not exceed $300,000.00 and the Property will be used as the Buyer's residence. Because of the number of exemptions and other requirements relating to this law, it is the Buyer’s responsibility to consult the IRS or a qualified tax advisor for more information and to ensure compliance has been met.
FEDERAL TAX REQUIREMENTS. I f Seller is a " foreign person,” as defined by Internal Revenue Code and its regulations, or if Seller fails to deliver an affidavit or a certificate of non- foreign status to Buyer that Seller is not a "foreign person,” then Buyer shall withhold from the sales proceeds an amount sufficient to comply with applicable tax law and deliver the same to the Internal Revenue Service together with appropriate tax forms. Internal Revenue Service regulations require filing written reports if currency in excess of specified amounts is received in the transaction. American LegalNet, Inc. xxx.XxxxxXxxxXxxx.xxx Contract Concerning Page 7 of 10 2-12-18 (Address of Property)
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FEDERAL TAX REQUIREMENTS. I f Seller is a " foreign person,” as defined by Internal Revenue Code and its regulations, or if Seller fails to deliver an affidavit or a certificate of non- foreign status to Buyer that Seller is not a "foreign person,” then Buyer shall withhold from the sales proceeds an amount sufficient to comply with applicable tax law and deliver the same to the Contract Concerning 0000 Xxxx Xxxxx Xx, Xxxxxxx, Xxxxxx Xxxxxx, TX 77055 (Address of Property) Internal Revenue Service together with appropriate tax forms. Internal Revenue Service regulations require filing written reports if currency in excess of specified amounts is received in the transaction.
FEDERAL TAX REQUIREMENTS. If Seller is a "foreign person," as defined by Internal Revenue Code and its regulations, or if Seller fails to deliver an affidavit or a certificate of non- foreign status to Buyer that Seller is not a "foreign person," then Buyer shall withhold from the sales proceeds an amount sufficient to comply with applicable tax law and deliver the same to the TXR 1607 Initialed for identification by Xxxxx and Seller TREC NO. 9-14 Produced with Lone Wolf Transactions (zipForm Edition) 231 Shearson Cr. Cambridge, Ontario, Canada N1T 1J5 xxx.xxxxx.xxx 821 Investments DocuSign Envelope ID: D72D06B0-4862-4A22-80FE-0D215A4D92AB DocuSign Envelope ID: 96E02429-6FC3-433E-A41B-36BD2341E5B6 Contract Concerning 000 Xx. Xxxxxxx Xxxx, Gun Barrel City, TX 75156 Page 7 of 00 00-00-00 (Address of Property) Internal Revenue Service together with appropriate tax forms. Internal Revenue Service regulations require filing written reports if currency in excess of specified amounts is received in the transaction.
FEDERAL TAX REQUIREMENTS. If Seller is a "foreign person," as defined by Internal Revenue Code and its regulations, or if Seller fails to deliver an affidavit or a certificate of non- foreign status to Buyer that Seller is not a "foreign person," then Buyer shall withhold from the sales proceeds an amount sufficient to comply with applicable tax law and deliver the same to the TXR 1607 Initialed for identification by Xxxxx and Seller Produced with Lone Wolf Transactions (zipForm Edition) 231 Shearson Cr. Cambridge, Ontar LP io, Canada N1 05/05/21 T 1J5 xxx.xxxxx.xxx TREC NO. 9-14 Xxxx, Xxxxx dotloop verified Produced with Lone Wolf Transactions (zipForm Edition) 231 Shearson Cr. Cambridge, Ontario,1C0:a3n2aPdMaCND1TT 1J5 xxx.xxxxx.xxx TREC NO. 9-14 Xxxx, Xxxxx
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