Compound the transaction tax and with holding tax and apply WHT on the transaction tax — Cloud Customer Connect
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Compound the transaction tax and with holding tax and apply WHT on the transaction tax

in Tax & Global 1 comment

Summary:

Hi
Please let us know if we are able to compound the transaction tax and with holding tax.
The business requirement is apply WHT on the transaction tax.
transaction tax and with holding tax is compounded as below.

Line amount over 1 million JPY
Transaction tax = 1000000*10% =100000

WHT = 100000010.24% + 10000020.42%
= 102400+20420
= 122820

Regards
Akhtar

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