Over the last decade, multistate employers have witnessed a blizzard of state enforcement efforts of their nonresident withholding requirements. During that same time, large business tax departments have been snowed under by internal auditors’ questions of policies and procedures related to state nonresident withholding compliance. Even the U.S. Congress has shown an interest in plowing new ground in multistate withholding simplification and uniformity.
View this article, reprinted from the Journal of Multistate Taxation and Incentives (Thomson Reuters/Tax & Accounting) Volume 25, Number 7, which explores the legal bases for withholding state taxes from deferred compensation and other special compensatory payments like noncompete agreements.