Payments to Businesses
Vanderbilt uses both domestic and international companies for vendor services. There are specific tax rules related to payments to international companies just as there are to transactions with international persons.
Please note that this article relates only to services; it does not relate to the purchase of goods, (supplies or other tangible property). There is no tax withholding requirement for goods shipped from abroad because ownership of the item simply passes to Vanderbilt.
For a discussion on what are goods and what are services please read our Goods & Services: What Are Goods? What Are Services? article.