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IRS to ease payment card rules.

Publication: Business Travel News
Publication Date: 06-SEP-04
Format: Online - approximately 424 words
Delivery: Immediate Online Access

Article Excerpt
Corporate payment card reporting regulations finalized last month by the Internal Revenue Service and set to take hold next year are expected to make tax reporting procedures easier on corporations while broadening the scope of what can be reported through payment card purchases.

The new regulations allow corporate payment vendors to act as qualified payment card agents for "soliciting, collecting and validating...



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