Withholding Method DEEMED CIT RATES (2/6) The apply to a foreign contractor’s deemed CIT contract that includes many activities as follows: will to a specific A specific deemed CIT rate activity if the value of each activity is clearly stated The will apply to the total highest deemed CIT rate contract value if the value of each activity is not clearly stated (a lump-sum contract)
Withholding Method DEEMED CIT RATES (2/6) The deemed CIT apply to a foreign contractor’s contract that includes many activities as follows: A specific deemed CIT rate will to a specific activity if the value of each activity is clearly stated The highest deemed CIT rate will apply to the total contract value if the value of each activity is not clearly stated (a lump-sum contract)
1012_VS-FCT%20Slides%20(Trainer).docx