Common use of Backup Withholding Clause in Contracts

Backup Withholding. The parties acknowledge that a backup withholding of 24% of the vendors payment, as required by the Internal Revenue Service, will be withheld when incorrect or unverifiable vendor name and/or tax identification number is provided to VDSS.

Appears in 3 contracts

Samples: Child Care Center Vendor Agreement, Child Care Center Vendor Agreement, Family Day Home Vendor Agreement

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Backup Withholding. The parties acknowledge that a backup withholding of 24% of the vendors Vendor’s payment, as required by the Internal Revenue Service, will be withheld when incorrect or unverifiable vendor Vendor name and/or tax identification number is provided to VDSS.

Appears in 1 contract

Samples: Family Day Home Vendor Agreement

Backup Withholding. The parties acknowledge that a backup withholding of 24% of the vendors Vendors payment, as required by the Internal Revenue Service, will be withheld when incorrect or unverifiable vendor Vendor name and/or tax identification number is provided to VDSS.

Appears in 1 contract

Samples: Family Day Home Vendor Agreement

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Backup Withholding. The parties acknowledge that a backup withholding of 24% of the vendors Vendor's payment, as required by the Internal Revenue Service, will be withheld when incorrect or unverifiable vendor name and/or tax identification number is provided to VDSS.

Appears in 1 contract

Samples: Child Care Center Vendor Agreement

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