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Must both parties withhold if the recipient is someone who pays oil and gas proceeds to another recipient subject to withholding?

April 26, 2017Gas Oil Parties pays proceeds recipient Subject withholding

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Must both parties withhold if the recipient is someone who pays oil and gas proceeds to another recipient subject to withholding?

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The first payer in the chain is not required to withhold from payments to a person who in turn makes payments of oil and gas proceeds to another recipient.