EPY: Puerto Rico Employees are Exempt from FWT
(Doc ID 607951.1)
Last updated on NOVEMBER 23, 2019
Applies to:PeopleSoft Enterprise HCM Payroll for North America - Version 8 SP1 and later
Information in this document applies to any platform.
SPECIFIC TO: Enterprise, North American Payroll, Puerto Rico
This document was previously published as Customer Connection Solution 78927
Puerto Rico employees are exempt from FWT. The system as currently delivered does not have the functionality to make the (separate) company for Puerto Rico employees FWT exempt at company level.
The current setup requirement is to select the 2nd radio button in Employee Tax Data for each Puerto Rico employee:
"Do not maintain a taxable gross and do not withhold tax."
Enhanced functionality would do one of the following options:
1. Be able to specify "exempt from FWT" at a higher level, i.e. Company Table.
2. When an employee is set up for PR or one of the other territories, EE tax data automatically is changed to the 2nd radio button.
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