Extract to table

IRC Section 1445(a) provides that a transferee of a USRPI is required to deduct and withhold a tax equal to 15% of the "amount realized" on the disposition if the transferor is a foreign person

The affidavit must include the transferor's: (i) name; (ii) U

The certificate must contain the following elements, as required by the applicable Treasury Regulations: (i) A statement, made under penalties of perjury, that NovaMart Global Inc

The certificate must be signed by a responsible officer of NovaMart who is authorized to execute documents on the Company's behalf

Upon delivery of the executed certificate at closing, Cascade must retain the certificate for a period of five (5) years following the calendar year in which the closing occurs, as required by Treasury Regulations Section 1

For example, if closing occurs on October 15, 2025, Cascade must retain the certificate until at least December 31, 2030