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Jul 21, 2016 at 08:24 AM

Question about Extended Withholding Tax(tax rate configuration and Income type)

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We can configure the tax rate in ‘Define Withholding Tax Codes’ and also we can set it in ‘Define Formulas for Calculating Withholding Tax’。

1.What's the different of the two settings?

2.If we set the rate also in ‘Define Withholding Tax Codes’ and ‘Define Formulas for Calculating Withholding Tax’, what will happen?

3.And we can set the 'Income type' in ‘Define Withholding Tax Codes’, what reports can display the field of 'income type'?

PS:

Define Withholding Tax Codes:

spro->Financial Accounting (New)->Withholding Tax->Extended Withholding Tax->Calculation->Withholding Tax Code->Define Withholding Tax Codes

Define Formulas for Calculating Withholding Tax:

spro->Financial Accounting (New)->Withholding Tax->Extended Withholding Tax->Calculation->Withholding Tax Code->Define Formulas for Calculating Withholding Tax

Thanks very much.