IRS Withholdings and Reporting Sample Clauses

IRS Withholdings and Reporting. Section 6050W of the Internal Revenue Code ("Code") requires payment providers and third-party Payment Networks, such as ARC, to report payment settlement amounts to the Internal Revenue Service ("IRS") for each Entity processing through ARC. Entity shall verify its identity by providing ARC with a Tax Identification Number (“TIN”) such as a Social Security Number (“SSN”) or Employer Identification Number (“EIN”) for each Entity Account. In the event Entity fails to provide its TIN, ARC will place a restriction on Entity’s Account and may restrict the receipt of funds into Entity’s Account or withhold a percentage of payments deposited into Entity’s Account in order to satisfy the backup withholding requirements of the IRS.
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IRS Withholdings and Reporting. Section 6050W of the Internal Revenue Code ("Code") requires payment providers and third party payment networks, such as SPS, to report payment settlement amounts to the Internal Revenue Service ("IRS") for each Merchant processing through SPS. Merchant shall verify its identity by providing SPS with a Tax Identification Number (“TIN”) such as a Social Security Number (SSN) or Employer Identification Number (EIN)
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IRS Withholdings and Reporting. Upon ARC’s request, Entity shall verify its identity by providing ARC with a Tax Identification Number (“TIN”) such as a Social Security Number or Employer Identification Number (“EIN”) for each Entity Account. In the event Entity fails to provide its TIN, ARC may, in its sole discretion, place a restriction on Entity’s Account and may restrict the receipt of funds into Entity’s Account or withhold a percentage of payments deposited into Entity’s Account in order to satisfy any applicable requirements of the Internal Revenue Service.
Sample 1
IRS Withholdings and Reporting. Section 6050W of the Internal Revenue Code ("Code") requires payment providers and third party payment networks, such as Paya, to report payment settlement amounts to the Internal Revenue Service ("IRS") for each Merchant processing through Paya. Merchant shall verify its identity by providing
Sample 1

Related to IRS Withholdings and Reporting

  • ADMINISTRATIVE AND REPORTING REQUIREMENTS Contractor shall furnish a report of all services provided under the Contract during each quarterly period, no later than the 15th of the month following the close of each quarter. Purchases by Non-State agencies, political subdivisions and others authorized by law shall be reported in the same report and indicated as required. A template for such report is included herein as Attachment 5 – Report of Contract Usage. The report must be submitted electronically via electronic mail utilizing the template provided. All fields of information shall be accurate and complete. The report is to be submitted electronically in Microsoft Excel 2007 or 2003 (or as otherwise directed by OGS), via electronic mail to the attention of the individual identified on the front page of the Contract Award Notification and shall reference the Group Number, the Award Number, Contract Number, sales period, and Contractor’s (or other authorized agent) name, and all other fields required, using the report template provided. OGS reserves the right to amend the report template. Additional related sales information and/or detailed Authorized User purchases may be required by OGS and must be supplied within 30 days upon request.

  • Record Keeping and Reporting 15.01 The Accredited Entity shall ensure that:

  • Tax Reporting (1) Prepare and file on a timely basis appropriate federal and state tax returns including, without limitation, Forms 1120/8613, with any necessary schedules.

  • Filings and Reports (a) Each year during the term of the Fee Agreement, the Company and any Sponsor Affiliates shall deliver to the County, the County Auditor, the County Assessor and the County Treasurer a copy of their most recent annual filings with the Department with respect to the Project, not later than thirty (30) days following delivery thereof to the Department.

  • Funding, Services and Reporting The HSP represents warrants and covenants that

  • Records and Reporting 7.01. The Implementing Entity shall provide to the Board, through the Secretariat, the following reports and financial statements:

  • Monitoring and Reporting 3.1 The Contractor shall provide workforce monitoring data as detailed in paragraph 3.2 of this Schedule 8. A template for data collected in paragraphs 3.2, 3.3 and 3.4 will be provided by the Authority. Completed templates for the Contractor and each Sub-contractor will be submitted by the Contractor with the Diversity and Equality Delivery Plan within six (6) Months of the Commencement Date and annually thereafter. Contractors are required to provide workforce monitoring data for the workforce involved in delivery of the Contract. Data relating to the wider Contractor workforce and wider Sub-contractors workforce would however be well received by the Authority. Contractors and any Sub-contractors are required to submit percentage figures only in response to paragraphs 3.2(a), 3.2(b) and 3.2(c).

  • Recordkeeping and Reporting The Subadvisor shall maintain the records and information required by Rule 31a-1 under the 1940 Act described in Schedule B attached hereto, with respect to the Assets of the Series. In addition, the Subadvisor shall maintain such other records relating to the services the Subadvisor provides under this Agreement as may be required in the future by applicable SEC and other applicable rules, and shall retain such information for such times and in such manner as required by applicable rules, including but not limited to Rule 31a-2 under the 1940 Act. The records maintained by the Subadvisor hereunder shall be the property of the Fund and shall be surrendered promptly upon request; subject, however, to the Subadvisor's right to retain all such records as the Subadvisor is required to maintain under the Advisers Act and the rules and regulations promulgated thereunder; provided, further, that the Fund shall be entitled to make and maintain copies of any records so retained by request.

  • ABSENCE FROM WORK AND REPORTING 17.01 If an employee is unable to report for work, he/she shall give the Employer a minimum of four (4) hours notice. In case of day shift work, this time element shall be one (1) hour. If notice is not given within the required time, the employee shall not be entitled to his/her sick pay on the first day of illness.

  • Governing Board Reporting (a) The School shall notify the Commission within 14 business days of any membership changes on the School’s Governing Board.

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