Information Return

Information Return is.

one of a number of returns that communicate to the U.S. Internal Revenue Service information relevant to tax liability but do not compute the actual liability of any taxpayer or accompany the actual payment of tax; used for dividends, sale of property, and other activities. Examples are Forms 1099 and W-2.

U.S. and other Developed Countries International Tax Meaning

Declaration made by a person who has economic information about a potential taxpayer, regardless of whether that person is liable for withholding tax.

See Dividend in the American Legal Encyclopedia and Dividend in the World Legal Encyclopedia.