Payroll Reporting. In the United States, pursuant to IRS Revenue Procedure 2004-53, the Purchaser and the Seller Parties and their respective Affiliates shall apply the “standard” method for purposes of employee payroll reporting with respect to any Business Employee.
Appears in 2 contracts
Samples: Purchase Agreement (GPB Holdings II, LP), Purchase Agreement (Group 1 Automotive Inc)
Payroll Reporting. In the United States, pursuant to IRS Revenue Procedure 2004-53, the Purchaser and the Seller Parties and their respective Affiliates shall apply the “standard” method for purposes of employee payroll reporting with respect to any Business Employee.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Altra Industrial Motion Corp.)
Payroll Reporting. In the United States, pursuant to IRS Revenue Procedure 2004-53, the Purchaser and the Seller Parties and their respective Affiliates shall apply the “standard” method for purposes of employee payroll reporting with respect to any Business Transferred Employee.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Ashland Global Holdings Inc)
