### Question
How is the "transferor's agent" defined?


### Answer
The term **transferor's agent** is defined in *26 U.S.C. § 1445* as follows -

> any person who represents the transferor—



(A) in any negotiation with the transferee or any transferee's agent related to the transaction, or



(B) in settling the transaction

#### Citation:
  - *26 U.S.C. § 1445*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 3-WITHHOLDING OF TAX ON NONRESIDENT ALIENS AND FOREIGN CORPORATIONS > Subchapter A-Nonresident Aliens and Foreign Corporations**

