Withholding Notice
Withholding Notice
April 15, 2050
[RECIPIENT'S NAME]
[RECIPIENT'S ADDRESS]
Dear Valued Partner,
We are writing this letter to bring to your notice an important matter regarding our contractual agreement. Kindly note a change in the previously agreed-upon terms and conditions of our business contract. The withholding tax rates have been reviewed and modified as per the most recent government tax regulations.
This change will affect the net amount payable on all business transactions beginning from the date of this notice. We would like to assure you that this adjustment is in line with standing legal mandates and our primary goal remains to maintain transparency in our dealings with trusted partners such as yourself.
It is, therefore, important for us to send this withholding notice to keep you updated. We understand that this new taxation scheme might require some additional attention from your finance team. We sincerely appreciate your immediate attention to and understanding of this matter.
If there is any way we can assist you in this transition phase, kindly do not hesitate to contact us at [YOUR EMAIL]. We also welcome you to direct any questions concerns or suggestions you may have to this email address. Thank you for your continued understanding and cooperation.
We appreciate your prompt addressing of this matter and encourage you to keep the lines of communication open so that we may continue our successful business relationship.
Regards,
[YOUR NAME]
[YOUR COMPANY NAME]
[YOUR COMPANY ADDRESS]
[YOUR COMPANY EMAIL]
