Withholding Type (74/WT)

In Italy, suppliers can be eligible for different types of withholding tax. For reporting and processing purposes, set up codes to identify the types of withholding tax that apply to your suppliers.

Set up these codes:

• E: Sales commissions withholding (ENASARCO)

• I: Social security withholding (INPS)

• R: Standard withholding tax

Withholding type codes are linked to an internal withholding tax code, which you set up in the Withholding Tax Codes - Italy program (P740405).