There are currently no paying agents willing to run the payroll file, calculate withholding, remit withholding to the governing tax authorities and pay the net amount to the holders. In other words, no paying agent will handle the entire payroll process of reporting and payment. At most, an M&A paying agent will take direction on the amount to deduct from the gross compensatory payment, pay the net amount to the holder and leave the hard part — the reporting and remittance obligation — to the seller or buyer. Acquiom® Compensation Payments greatly simplifies payments administration by freeing buyers and sellers from these burdensome and complicated responsibilities.
If you have any questions, please contact us at firstname.lastname@example.org.
Posted in: Services: Compensation Payments