Course Description:
Increasingly, nonprofit organizations are making payments to non-residents for services and royalties. These payments may be subject to documentation, withholding and reporting obligations. Learn more about these requirements and ways to reduce your risk.
Learning Objectives:
• Identify the types of payments that are subject to reporting and/or withholding
• Compare the difference between FATCA and 1441 withholding and the application of treaty benefits
• Review best practices in setting up controls for recognizing reportable payments
