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What is t o r o?
TORO stands for Tax on Redistributed Outsourcing. It is a tax imposed on companies that redistribute outsourced work to offshore locations.
Who is required to file t o r o?
Companies that redistribute outsourced work to offshore locations are required to file TORO.
How to fill out t o r o?
TORO can be filled out online through the official tax website or submitted through mail.
What is the purpose of t o r o?
The purpose of TORO is to discourage companies from outsourcing work to offshore locations and promote local job creation.
What information must be reported on t o r o?
TORO requires companies to report the amount of outsourced work redistributed to offshore locations and the corresponding tax amount.
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