How To Calculate Withholding Tax For Specific Supplier Using Threshold At Amount
(Doc ID 2518590.1)
Last updated on MAY 30, 2023
Applies to:
Oracle Fusion Tax Cloud Service - Version 11.13.18.10.0 and laterInformation in this document applies to any platform.
Goal
How to calculate withholding tax for specific supplier using threshold at amount
Example:
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.
Solution
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In this Document
Goal |
Solution |