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What are the tax reporting and withholding responsibilities of TALF Agents that participate in the TALF?

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What are the tax reporting and withholding responsibilities of TALF Agents that participate in the TALF?

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The TALF Agents are responsible for managing any tax withholding and reporting obligations for their customers. TALF Agents should consult with tax counsel to understand the tax implications and requirements of TALF Agents for the specific tasks performed on behalf of customers in connection with TALF.

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