Internal Revenue Code Section 3405(e)(13) generally requires mandatory withholding on periodic and nonperiodic distributions that are to be delivered outside the United States unless the payee is a ...

A year after issuing an invitation for comments, the California Department of Business Oversight (“DBO”) has finally released a much-anticipated draft rulemaking relating to the scope of the “agent of ...

Generally, alimony payments are deductible by the payor in computing adjusted gross income, and are includible in gross income by the payee. However, the payor and the payee can avoid this general ...