Common use of Information Reporting and Backup Withholding Clause in Contracts

Information Reporting and Backup Withholding. Payments made to U.S. holders in the Offer or the Merger generally will be subject to information reporting and may be subject to backup withholding (currently at a rate of 24%). To avoid backup withholding, U.S. holders that do not otherwise establish an exemption should complete and return the IRS Form W-9 included in the Letter of Transmittal, certifying that such holder is a U.S. person, the taxpayer identification number provided by such holder is correct, and that such holder is not subject to backup withholding. Certain holders (including corporations) generally are not subject to backup withholding. Backup withholding is not an additional tax and may be refunded or credited against the applicable holder’s U.S. federal income tax liability, provided that such holder timely furnishes the required information to the IRS.

Appears in 1 contract

Samples: The Merger Agreement (eMed, LLC)

AutoNDA by SimpleDocs

Information Reporting and Backup Withholding. Payments made to U.S. holders in the Offer or the Merger generally will be subject to information reporting and may be subject to backup withholding (currently at a rate of 2428%). To avoid backup withholding, U.S. holders that do not otherwise establish an exemption should complete and return the IRS Substitute Form W-9 included in the Letter of Transmittal, certifying that such holder is a U.S. person, the taxpayer identification number provided by such holder is correct, and that such holder is not subject to backup withholding. Certain holders (including corporations) generally are not subject to backup withholding. Backup withholding is not an additional tax and tax. U.S. holders may be refunded or credited use amounts withheld as a credit against the applicable holder’s their U.S. federal income tax liability, provided that such holder liability or may claim a refund of any excess amounts withheld by timely furnishes the required information to filing a claim for refund with the IRS.

Appears in 1 contract

Samples: Merger Agreement (Cytyc Corp)

Information Reporting and Backup Withholding. Payments made to U.S. holders in the Offer or the Merger generally will be subject to information reporting and may be subject to backup withholding (currently at a rate of 24%). To avoid backup withholding, U.S. holders that do not otherwise establish an exemption should complete and return the IRS Form W-9 included in the Letter of Transmittal, certifying that such holder is a U.S. person, the taxpayer identification number provided by such holder is correct, and that such holder is not subject to backup withholding. Certain holders (including corporations) generally are not subject to backup withholding. Backup withholding is not an additional tax and may be refunded or credited against the applicable holder’s 's U.S. federal income tax liability, provided that such holder timely furnishes the required information to the IRS.

Appears in 1 contract

Samples: Merger Agreement (Novartis Ag)

Information Reporting and Backup Withholding. Payments made to U.S. holders in the Offer offer or the Merger merger generally will be subject to information reporting and may be subject to backup withholding (currently at a rate of 2428%). To avoid backup withholding, U.S. holders that do not otherwise establish an exemption should complete and return the IRS Substitute Form W-9 included in the Letter letter of Transmittaltransmittal, certifying that such holder is a U.S. person, the taxpayer identification number provided by such holder is correct, and that such holder is not subject to backup withholding. Certain holders (including corporations) generally are not subject to backup withholding. Backup withholding is not an additional tax and tax. U.S. holders may be refunded or credited use amounts withheld as a credit against the applicable holder’s their U.S. federal income tax liability, provided that such holder liability or may claim a refund of any excess amounts withheld by timely furnishes the required information to filing a claim for refund with the IRS.

Appears in 1 contract

Samples: Laboratory Corp of America Holdings

AutoNDA by SimpleDocs

Information Reporting and Backup Withholding. Payments made to U.S. holders in the Offer or the Merger generally will be subject to information reporting and may be subject to backup withholding (currently at a rate of 24%). To avoid backup withholding, U.S. holders that do not otherwise establish an exemption should complete and return the IRS Form W-9 included in the Letter of Transmittal, certifying that such holder is a U.S. person, the taxpayer identification number provided by such holder is correct, and that such holder is not subject to backup withholding. Certain holders (including such as corporations) generally are may not be subject to backup withholding. Backup withholding is not an additional tax and may be refunded or credited against the applicable holder’s 's U.S. federal income tax liability, provided that that, such holder timely furnishes the required information to the IRS.. Non-U.S. Holders

Appears in 1 contract

Samples: The Merger Agreement (Alexion Pharmaceuticals, Inc.)

Information Reporting and Backup Withholding. Payments made to U.S. holders in the Offer or the Merger generally will be subject to information reporting and may be subject to backup withholding (currently at a rate of 2428%). To avoid backup withholding, U.S. holders that do not otherwise establish an exemption should complete and return the IRS Form W-9 included in the Letter of Transmittal, certifying that such holder is a U.S. person, the taxpayer identification number provided by such holder is correct, and that such holder is not subject to backup withholding. Certain holders (including corporations) generally are not subject to backup withholding. Backup withholding is not an additional tax and tax. U.S. holders may be refunded or credited use amounts withheld as a credit against the applicable holder’s their U.S. federal income tax liability, provided that such holder liability or may claim a refund of any excess amounts withheld by timely furnishes the required information to filing a claim for refund with the IRS.

Appears in 1 contract

Samples: Merger Agreement (Lilly Eli & Co)

Time is Money Join Law Insider Premium to draft better contracts faster.