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What is corp -to-corp?

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Anonymous

12y ago
Updated: 11/18/2022

A corporation hires the services of an employee of another corporation on a contractual basis.

For example, Corp X hires Tom from another Corp Y for a 6 months period. Corp X will not pay Tom directly for his services, instead, it will pay Tom's corporation,Corp Y, which in turn will pay Tom after standard deductions.

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Shyann Murazik

Lvl 10
3y ago

What else can I help you with?