All payments made by the University to or on behalf of an individual must be reviewed to determine the U.S. tax residency status of the payee or beneficiary of the payment. To comply with this regulation, the University has altered the Miscellaneous Expense Voucher, Travel Expense Voucher, Travel Advance Form and all three Consultant forms to include a tax residency question that must be answered before payment can be processed.
The question is as follows:
Is the payee or beneficiary of the payment a U.S. Citizen or Permanent Resident Alien? Yes____ No____
If No, please provide your email address:_________________________________
The answer to this question should come directly from the payee/beneficiary. Do not make any assumptions on your own about the answer.
These new forms are located on the web under Forms Directory at the following address: {http://www.towson.edu/finserve/}
Please begin to use these new forms immediately. Forms received without this tax residency section completed cannot be processed and will be returned to the issuing department as incomplete.
Please direct any questions that you may have regarding this payment issue to the Financial Services Help Line at x45959 or {finservehelp@towson.edu} {mailto:finservehelp@towson.edu}
