Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Must a certificate of exemption (Form NR-AF3) be filed when the seller is exempt by law from the withholding requirement?

April 26, 2017Certificate exempt filed form Law requirement seller withholding

0

Posted

Must a certificate of exemption (Form NR-AF3) be filed when the seller is exempt by law from the withholding requirement?

1 Answer

0

Posted

No. The filing of an affidavit establishing an exemption is not required. However, the buyer may wish to have the seller execute Form NR-AF3 or a similar affidavit, in order to document the buyer’s reliance on the seller’s representation of exemption.