Setting Up Profit Withholding Percentages

Access the Profit Withholding Percentage Revision form.

When you set up the concept for copyright withholdings using the Profit W/H - Percentages program (P760403A), enter 2 in the Misc Code (miscellaneous code) field and, because the withholdings for suppliers registered in the profits category depend on the scale that is specified in Attachment VIII of the Resolution, enter Y in the Profit Wh Category (profit withholding category) field.

Profit Withholding

Enter a value that exists in the ARG-Profit WH Concept (76/04) UDC table.

Legal Concept

Enter a value that exists in the ARG-Profit Legal Concept (76/L3) UDC table.

Reg % (registered percentage)

Enter the generic percentage used in Argentinean localization that specifies the withholding exception percentage on taxes. The maximum valid amount is 999,99.

Non Reg % (Corporate) (Release 9.2 Update)

Enter the nonregistered corporate percentage. The maximum valid amount is 999,99.

Non Reg % (Individual) (Release 9.2 Update)

Enter the nonregistered individual percentage. The maximum valid amount is 999,99.

Minimum Wh Amount (minimum withholding amount)

Enter the minimum amount for withholding. The calculated withholding amount must be greater than this minimum amount to take effect.

Profit Wh Category (profit withholding category)

Enter Y to use the profit withholding calculation for fourth category percentages. Enter N to use the profit withholding calculation algorithm for normal concept percentages.

Minimum Wh Amount N Reg. (minimum withholding amount nonregistered)

Enter the minimum withholding amount for nonregistered companies or vendors. This amount is optional and used to calculate profit withholding.