Insurance commission withholding: prior debits cannot reduce tax withheld, deduction must be from the full credited amount. Tax on insurance commission must be deducted at the time the commission is credited to the agent's account or at payment, whichever is earlier. Intervening debits for refunded premiums cannot be set off against a subsequent credit; tax must be withheld from the full amount of any credit made after such debits.
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Provisions expressly mentioned in the judgment/order text.
Insurance commission withholding: prior debits cannot reduce tax withheld, deduction must be from the full credited amount.
Tax on insurance commission must be deducted at the time the commission is credited to the agent's account or at payment, whichever is earlier. Intervening debits for refunded premiums cannot be set off against a subsequent credit; tax must be withheld from the full amount of any credit made after such debits.
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