Complying with U.S. withholding requirements concerning U.S. source income can be a costly time-consuming undertaking. Organizations are required to document each customer account to which payments are made, withhold tax from those payments as appropriate, remit tax to the IRS, and report against this activity to comply.  The process of compliance historically has been manual, from completion of the forms to review and reporting.  The onerous process can generate high error rates. 

Deloitte Tax has developed a Web-enabled compliance tool, Deloitte Identity, to help mitigate the risk of noncompliance. Deloitte Identity is a technically advanced tool that uses third-party data sources to verify elements of the data input. With extensive and customizable reporting capabilities, Deloitte Identity also captures data for export and integration with your other systems. The tool, along with the experience of Deloitte Tax professionals, can help enhance business processes, reduce costs and improve compliance.

Learn more about our Deloitte Identity service.

As used in this document, ‘Deloitte’ means Deloitte LLP (and its subsidiaries). Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.