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South American clients withholding income tax

edited Dec 23, 2019 10:44PM in Accounting / ERP

Question: How are companies handling South American clients withholding 1-30% for income tax that is remitted on products purchased from cross border entities?

For example: Peruvian based companies remit Peruvian Income Tax 1-30%,  which is being withheld for Peruvian income tax, and the company only remits the net payment amount.

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