Define withholding tax codes

In this activity you define the withholding tax codes.

In contrast to the withholding tax category which controls the essential calculation options, the tax code mainly determines the tax percentage rate.

You can find more information in the field documentation.

Activities

Maintain the required tax codes.

Further notes

All calculations for extended withholding tax are made in the respective country currency. This means that you have to maintain amounts in the company code country currency.