How To Calculate Withholding Tax For Specific Supplier Using Threshold At Amount
(Doc ID 2518590.1)
Last updated on OCTOBER 31, 2019
Applies to:Oracle Fusion Tax Cloud Service - Version 220.127.116.11.0 and later
Information in this document applies to any platform.
How to calculate withholding tax for specific supplier using threshold at amount
Rates: 2.5% and 10%
If taxable amount is less than or equal to 1000 then rate to be applied is 2.5%
If Taxable amount is greater than 1000 then rate to be applied is 10%
How to configure this scenario.
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