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HUMAN RESOURCES
Index No. VI32
PROCEDURES MEMORANDUM
TO:MCC Stafford:Office of the PresidentSUBJECT:Education Assistance Programmable:October 9, 2014PURPOSE:To establish procedures for submitting,
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What is vi-32?
Vi-32 is a tax form used for reporting royalties paid to foreign entities.
Who is required to file vi-32?
Any domestic business that pays royalties to foreign entities is required to file vi-32.
How to fill out vi-32?
Vi-32 can be filled out online or by mail. You will need to provide information about the payer, recipient, and the amount of royalties paid.
What is the purpose of vi-32?
The purpose of vi-32 is to report royalties paid to foreign entities in order to comply with tax regulations.
What information must be reported on vi-32?
Information such as the name and address of the payer and recipient, the amount of royalties paid, and the country of residence of the recipient must be reported on vi-32.
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