Thank you for supporting the Cloud Customer Connect Community in 2024. It's a gift to work with you!

Look back
You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Dividend Tax on Dividends Paid

edited Jun 11, 2021 10:17AM in Tax & Global 1 comment

Content

Dears,

We need to set a dividend tax on Dividends paid to shareholders.

TAX = Dividend paid x 10%

Accounting entry for Taxation:
Dr Shareholder's Account
Cr Liability - WHT on Dividend Distribution

So we have two requirements:
1- Which module to use for Dividend Payment?
2- How to configure the above tax?

Thanks,
Patrick

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!