Common use of Employment Tax Reporting Responsibility Clause in Contracts

Employment Tax Reporting Responsibility. Seller and Buyer hereby agree to follow the standard procedure for employment tax withholding as provided in Section 4 of Rev. Proc. 2004-53, I.R.B. 2004-35. Accordingly, Seller shall have employment tax reporting responsibilities for the wages and other compensation they pay to Business Employees and Buyer shall have employment tax reporting responsibilities for the wages and other compensation it pays to Transferred Employees.

Employment Tax Reporting Responsibility. Purchaser and Seller and Buyer hereby agree to shall follow the standard alternative procedure for employment tax withholding reporting as provided in Section 4 5 of Rev. Proc. 2004-53, I.R.B. 2004-3534. Accordingly, Seller shall will have no employment tax reporting responsibilities for the wages responsibilities, and other compensation they pay to Business Employees and Buyer shall Purchaser will have full employment tax reporting responsibilities responsibilities, for Transferred Employees as of 12:01 a.m. on the wages Closing Date. Seller shall provide all employment tax information at a time and other compensation it pays to Transferred Employeesin a format as shall be reasonably requested by the Purchaser.

Employment Tax Reporting Responsibility. Buyer and Seller and Buyer hereby agree to follow the standard alternative procedure for employment tax withholding as provided in Section 4 5 of Rev. Proc. 2004-53, I.R.B. 2004-3534 I.R.B. 320. AccordinglyThus, Seller shall have no employment tax reporting responsibilities for Transferred Employees after the wages Closing Date. Seller shall reasonably assist Buyer in complying with its obligations pursuant to this paragraph and other compensation they pay to Business Employees and shall provide Buyer shall have employment tax reporting responsibilities for the wages and other compensation it pays to Transferred Employeeswith any information reasonably requested by Buyer in connection therewith.

Employment Tax Reporting Responsibility. Purchaser and Seller and Buyer hereby agree to follow the standard alternate procedure for employment tax withholding as provided in Section 4 5 of Rev. Proc. 2004-53, I.R.B. 2004-3534 I.R.B. 320. Accordingly, Seller shall have no employment tax reporting responsibilities for the wages responsibilities, and other compensation they pay to Business Employees and Buyer Purchaser shall have full employment tax reporting responsibilities responsibilities, for Transferred Employees following the wages and other compensation it pays to Transferred Employeesclose of business on the Closing Date.

Employment Tax Reporting Responsibility. Seller and Buyer Purchaser hereby agree to follow the standard procedure for employment tax Tax withholding as provided in Section 4 of Rev. Proc. 2004-53, I.R.B. 2004-35. Accordingly, Seller shall have employment tax reporting responsibilities for the wages and other compensation they pay to Business Employees and Buyer shall have employment tax Tax reporting responsibilities for the wages and other compensation it pays to Employees and Purchaser shall have employment Tax reporting responsibilities for the wages and other compensation it pays or causes to be paid to Transferred Employees.