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Reporting of payments made to a foreign vendor for warranty repairs
March 10, 2023
Q. If a foreign vendor has to make repairs to goods under warranties and or if the goods have a warranty beyond a manufactures warranty is form W-8 required, and in such a situation, would this be 1042-S reportable as well?
A.
(Answered by IOFM's third-party tax experts)
The withholding-at-source rules and Form 1042-S reporting requirements are not affected by whether a warranty is or isn't in effect on equipment etc. If a non-U.S. service provider is paid for repair services it provides by…
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