Withholding tax and Certificates in Puerto Rice
We are implementing in PR and have discovered that they have a 7% withholding tax for local vendors. The tax only starts deducting after we've already spent $1500 with the vendor. We have accomplished this by creating a code with Amount Basis set to "Gross Amount" and in the tax rates section, for 0-1500 we have 0 rate and for 1501 onwards we have 7%. This is all working fine. The question is around the certificates. For some vendors we also have certificates that result in a 3% withholding tax as opposed to 7%. This means that from 0-$1500 we