Advisory: Tax Withholding. The Internal Revenue Service and the Colorado Department of Revenue may require closing company to withhold a substantial portion of the proceeds of this Sale when Seller either (1) is a foreign person or (2) will not be a Colorado resident after closing. Seller should inquire of Seller’s tax advisor to determine if withholding applies or if an exemption exists.
Appears in 3 contracts
Samples: Exclusive Right to Sell Listing Contract, Exclusive Right to Sell Listing Contract, Exclusive Right to Sell Listing Contract
Advisory: Tax Withholding. The Internal Revenue Service and the Colorado Department of Revenue may require 205 closing company to withhold a substantial portion of the proceeds of this Sale when Seller either (1) is a foreign person or (2) will 206 not be a Colorado resident after closing. Seller should inquire of Seller’s tax advisor to determine if withholding applies or if an 207 exemption exists.
Appears in 2 contracts
Samples: Exclusive Right to Sell Listing Contract, Seller Listing Contract
Advisory: Tax Withholding. The Internal Revenue Service internal revenue service and the Colorado Department of Revenue revenue may require closing company to withhold a substantial portion of the proceeds of this Sale sale when Seller seller either (1) is a foreign person or (2) will not be a Colorado resident after closing. Seller should inquire of Seller’s seller's tax advisor to determine if withholding applies or if an exemption exists.
Appears in 2 contracts
Samples: Exclusive Right to Sell Listing Contract, Exclusive Right to Sell Listing Contract
Advisory: Tax Withholding. The Internal Revenue Service and the Colorado Department of Revenue may require 206 closing company to withhold a substantial portion of the proceeds of this Sale when Seller either (1) is a foreign person or (2) will 207 not be a Colorado resident after closing. Seller should inquire of Seller’s tax advisor to determine if withholding applies or if an 208 exemption exists.
Appears in 1 contract
Samples: Listing Addendum
Advisory: Tax Withholding. The Internal Revenue Service and the Colorado Department of Revenue may require 219 closing company to withhold a substantial portion of the proceeds of this Sale when Seller either (1) is a foreign person or (2) will 220 not be a Colorado resident after closing. Seller should inquire of Seller’s tax advisor to determine if withholding applies or if an 221 exemption exists.. 222
Appears in 1 contract
Advisory: Tax Withholding. The Internal Revenue Service and the Colorado Department of Revenue may require 221 closing company to withhold a substantial portion of the proceeds of this Sale when Seller either (1) is a foreign person or (2) will 222 not be a Colorado resident after closing. Seller should inquire of Seller’s tax advisor to determine if withholding applies or if an 223 exemption exists.. 224
Appears in 1 contract