News

Central Withholding Agreements

08 October 2014

Artists earning income from touring in the USA are subject to 30% withholding of gross income. However you may be able to enter into a withholding agreement with the IRS for reduced withholding provided certain requirements are met. The process can be lengthy and confusing.

For a concise and understandable overview of the process see this recently published article on Accounting Today.

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