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Hot Topics for Cross-Border Tax Requirements in Accounts Payable

HOT TOPICS FOR CROSS-BORDER TAX REQUIREMENTS IN ACCOUNTS PAYABLE

Cost Free
Presentation Length 1.0 hour

Recorded DateFebruary 8, 2022
CPE:Not available
(archived webinars do not offer CPE credits)
Subject AreaTaxes
Course LevelBasic
Course Description

The IRS has stepped up monitoring and auditing of accounts payable tax compliance of U.S. businesses to ensure they’re meeting IRS regulations— including a labyrinth of tax forms and related requirements that affect how businesses engage with each business supplier outside the United States.  

In this webinar, Laurie Hatten-Boyd, Principal at KPMG LLP, will provide an overview of U.S. tax compliance rules in regards to companies paying their global suppliers. Learn the steps your organization needs to take to avoid legal and financial penalties. 

Learning Objectives: 


  • List best practices for W-8 and W-9 tax compliance

  • Define and give examples of the new versions of Forms W-8BEN, W-8BEN-E, W-8IMY, and W-8ECI

  • Determine how to ensure your payees select the correct form based on country and corporate structure 

  • Identify which payees require tax withholding by treaty

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PLEASE NOTE: ARCHIVED WEBINARS DO NOT QUALIFY FOR CPE
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Laurie Hatten-Boyd

KPMG LLP
Principal, Information Reporting & Withholding Tax
lhattenboyd@kpmg.com

Kpmg2

Laurie Hatten-Boyd is a principal in KPMG’s Information Reporting & Withholding Tax (IRW) Services practice. In this role, she advises financial institutions and other withholding agents on their tax withholding and information reporting requirements for payments made to U.S. and non-U.S. account holders and counterparties.

Before joining KPMG, Laurie was an Attorney-Advisor with the IRS Office of Associate Chief Counsel (International), where she worked exclusively with the section 1441 withholding regime, including co-drafting the amendments to the 1441 regulations, the qualified intermediary agreement, the qualified intermediary audit guidelines, and the proposed agreements for withholding foreign partnerships and trusts.

As a partner in KPMG’s IRW practice, Laurie routinely engages in a wide range of withholding tax advisory services to assist both financial and non-financial institutions in complying with their U.S. tax information reporting and withholding requirements. For example, Diagnostic Reviews, QI External Audits, U.S. Withholding Tax Advisory Services, Tax Information Reporting Assistance, Tax Training, Global Withholding Tax Guidance, Merger & Acquisition Assistance, and Voluntary Disclosures Assistance.

Laurie is a frequent speaker on foreign withholding issues and has authored articles in The Tax Lawyer and The International Tax Review.

Laurie holds a JD degree from Gonzaga University and LLM from Georgetown University Law Center.

About Our Sponsor

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Tipalti is an accounting software financial technology business that provides consolidated accounts payable and remittance automation services for businesses needing to pay their global suppliers. Tipalti is headquartered in San Mateo, CA with offices in Vancouver, Canada and R&D in Glil-Yam, Israel.