Authorized Payor definition

Authorized Payor. - means a Payor who has filed Information Returns with the IRS in at least one of the two preceding tax years.
Authorized Payor means a Payor who has filed Information Returns with the IRS in at least one of the two preceding tax years.SEC. 7. REQUIREMENTS FOR PARTICIPATION IN TIN MATCHING PROGRAMSThe IRS offers e-services Interactive and Bulk TIN Matching Programs to allow for the matching of name/ TIN combinations on reportable income subject to backup withholding.Available to members of the third-party payor community, and their authorized agents, who make reportable payments subject to backup withholding.Participants in the e-services TIN Matching Programs must:Comply with all requirements of revenue procedure 2003-9;Transmit only name/TIN combinations relating to accounts with respect to which a reportable payment is made, or is likely to be made, on or after the effective date of revenue procedure 2003-9;Transmit only name/TIN combinations that have not been previously transmitted by that participant to the Service for matching;Maintain the confidentiality of information obtained through TIN solicitation activities in accordance with the requirements of §31.3406(f)-1 of the Employment Tax Regulations;Provide the Service with the information necessary to monitor the effectiveness of the Program.SEC. 8. E-SERVICES TIN MATCHING PROGRAMSThe IRS Office of Electronic Tax Administration (ETA) offers two TIN Matching options through the e-services project. Interactive TIN Matching and,Bulk TIN MatchingPrior to completing an Application to TIN Match, all prospective users of the TIN Matching Program must complete an on-line e-services registration process. Please see the e-services home page for information regarding the registration process.SEC. 9. INTERACTIVE AND BULK TIN MATCHING APPLICATION PROCEDURES1. An authorized payor of income subject to backup withholding may complete an on-line Application to TIN Match. Please see Section 6 of this publication for a definition of an “Authorized Payor”.2. The “Principal”, on behalf of the firm and/or organization holding the payee account information, must complete the Application to TIN Match. Please see Section 6 of this publication for a definition of a “Principal”.3. The “Principal” will assign user roles to others within the firm and/or organization that will have a need to access the TIN Matching Program. Please see Section 6 of this publication for definitions of additional user roles such as “authorized agent”, “delegated user” and “responsible official”.4. Please see Exhibits 1 and 2 on pages 12 and 13 of this publication to review...

Examples of Authorized Payor in a sentence

  • Neither Authorized Payor nor Vertex shall have any responsibility whatsoever for withholding or paying any such taxes on behalf of the Payee.

Related to Authorized Payor

  • Authorized Party means the person who is authorized to approve an Award, exercise discretion, or take action under the Administrative Procedure for the Performance Share Program and pursuant to the Program. With regard to Senior Officers, the Committee is the Authorized Party. With regard to other Employees, the Chief Executive Officer, acting as the Special Equity Award Committee of the Board of Directors of the Company, is the Authorized Party, although the Committee may act concurrently as the Authorized Party.

  • Authorized Partner has the meaning set forth in Section 22.

  • Authorized Participant means a Person that, at the time of submitting a Purchase Order or a Redemption Order (i) is a registered broker-dealer, (ii) is a DTC Participant or an Indirect Participant and (iii) has in effect a valid Authorized Participant Agreement.

  • Authorized pharmacist means an Iowa-licensed pharmacist whose license is in good standing and who meets the drug therapy management criteria defined in this rule.

  • Authorized Purchaser means an individual authorized by a Participating Entity to place orders against this contract.

  • Authorized prescriber means a physician, dentist, advanced practice registered nurse or physician assistant;

  • Authorized Purpose means the specific purpose or purposes described in the Base Contract for Contractor to fulfill its obligations under the Base Contract, or any other purpose expressly authorized by HHS in writing in advance.

  • Authorized Participant Agreement means an agreement among the Trustee, the Sponsor and an Authorized Participant that authorizes the Authorized Participant to submit Purchase Orders and Redemption Orders under this Agreement.

  • Authorized Investment means any type of instrument, security, participation or other property in which Cash Collateral may be invested or reinvested, as described in Section 5(f) hereof and Appendix 4 hereto (and as such Appendix may be amended from time to time by written agreement of the parties).

  • Authorized Purposes means an activity that enhances, fosters, aids, provides, or promotes transportation, economic development, housing, recreation, education, governmental operations, culture, or research within the jurisdiction of a port authority.

  • Authorized Persons means Contractor’s employees, officers, partners, Subcontractors or other agents of Contractor who need to access State Data to enable Contractor to perform its responsibilities under Contract.

  • Authorized Issuer Representative means any person at the time designated to act on behalf of the Issuer by a written certificate furnished to the Company and the Trustee containing the specimen signature of such person and signed on behalf of the Issuer by its Chairman. Such certificate may designate an alternate or alternates.

  • Authorized Investments means: any investment which may be authorized by the Commission but does not include restricted investments as specified in the Offering Documents from time to time.

  • Authorized insurer means, in the case of an interstate motor carrier whose operations may or may

  • Authorized Instructions shall have the meaning set forth in Section 1.5.

  • Authorized Personnel means the employees of the Licensee and personnel from third parties who work on behalf of the Licensee under a contract (which shall include confidentiality clause) entered into and between the Licensee and the third party.

  • Authorized entity means a nonprofit organization or a governmental agency that has a primary mission to provide specialized services relating to training, education, or adaptive reading or information access needs of blind or other persons with disabilities;

  • Centralized prescription processing means the processing by a pharmacy of a request from another pharmacy to fill or refill a prescription drug order or to perform processing functions such as dispensing, drug utilization review, claims adjudication, refill authorizations, and therapeutic interventions.

  • CIPC means the Companies and Intellectual Property Commission, formerly known as CIPRO, the Companies and Intellectual Property Registration Office.

  • Authorized inspector means inspectors employed by the authorities responsible for boarding and inspection included in the Commission register and authorized to conduct boarding and inspection activities pursuant to these procedures;

  • Authorized Contact is a representative authorized by Customer to request service changes using procedure outlined herein.

  • Authorized Borrower Representative means a person at the time designated and authorized to act on behalf of the Borrower by a written certificate furnished to the Governmental Lender, the Funding Lender, the Fiscal Agent and the Servicer and containing the specimen signature of such person and signed on behalf of the Borrower by its Borrower Controlling Entity which certificate may designate one or more alternates.

  • Authorized City Representative means the Mayor, the City Manager or such other Person at the time designated to act on behalf of the City as evidenced by written certificate furnished to the Developer and the Trustee containing the specimen signature of such Person and signed on behalf of the City by its Mayor or City Manager. Such certificate may designate an alternate or alternates, each of whom may perform all duties of the Authorized City Representative.

  • Marketing Agent means MACRO Financial, LLC, in its capacity as marketing agent hereunder, and its successors and assigns.

  • authorized LEA representative means a LEA administrator designated to be responsible for NPS/A. It is understood, a representative of the Special Education Plan Local Area (SELPA) of which the LEA is a member is an authorized LEA representative in collaboration with the LEA. The LEA maintains sole responsibility for the contract, unless otherwise specified in the contract.

  • Authorized Broker means those Brokers which are authorized to deal in Government Securities.