Procurement

Responsibility of Purchasers, Preparers, and Approvers (ROPPA) Policy Updates and Training

March 11, 2021

Revised Responsibility of Purchasers, Preparers, and Approvers (ROPPA) Policy

The Responsibility of Purchasers, Preparers, and Approvers (ROPPA) Policy has been revised with a March 1, 2021 effective date. The revised policy has been updated to incorporate new financial systems (Buy-to-Pay and Concur) as well as the roles and responsibilities of individuals purchasing, processing or approving expenses on behalf of Harvard.... Read more about Responsibility of Purchasers, Preparers, and Approvers (ROPPA) Policy Updates and Training

Buy to Pay Tax Review Process for Non-US Based Foreign Entities

November 13, 2020

Income paid to foreign entities, such as royalties, patents, copyrights, rents, and personal services, generally can trigger a statutory tax withholding of 30% when the income is considered U.S. sourced. All payments processed to foreign entities require a tax review. Foreign entities may begin to incur tax withholding on payments that historically did not trigger taxes.

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