How To Calculate Withholding Tax For Specific Supplier with multiple % based on range amounts
Summary: For Argentina is required to calculate withholding taxes for "HONORARIOS" supliers, the percentage of the withholding tax will depend on the base amount of the invoice. How to configure this scenario?
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For Argentina is required to calculate withholding taxes for "HONORARIOS" supliers, the percentage of the withholding tax will depend on the base amount of the invoice:
1. From 0 to 8,000 ARS-> 5%
2. From 8,000 to 16,000 ARS-> 9%
3. From 16,000 to 24,000 ARS-> 12%
4. ...
8. More than 96,000 ARS-> 31%
How to configure this scenario? I've found the following note: Withholding Tax at Payment Time with Threshold Defined as Payment and Period Get Incorrect AWT Amount ( Doc ID 2518590.1
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