I may need someone knowing about accounting to answer this for me:
On the contract,the show fee I should pay to a artist is$10,000. 20%($2,000) goes as withholding tax and 80% ($8,000)goes as the exact transfer amount received .
under this circumstance,the note I put behind the show fee($10,000) should be "tax-inclusive" or "tax-exclusive"?
Thanks again!