Berkeley Research Group is a proud reception sponsor at the 19th Annual ABA Federal Procurement Institute. Come join professionals from the BRG Government Contract Advisory Services practices on March 14 – 15, 2013 at the Loews Annapolis Hotel. We hope to see you there!
FAC 2005-65; FAR Case 2011-011
By: Ryan Byrd
This final rule amends FAR 31.205-41, 52.229-3, 52.229-4, 52.229-6, and 52.229-7 to implement certain requirements of section 301 of the James Zadroga 9/11 Health and Compensation Act of 2010 (Pub. L. 111–347), which imposes a 2-percent excise tax on certain federal procurement payments to foreign persons. The law amended the Internal Revenue Code by adding a new section 5000C.
Continue reading Unallowability of Costs Associated With Foreign Contractor Excise Tax