1. Localizations for Venezuela Implementation Guide
  2. Withholding Types and Percentages

Withholding Types and Percentages

Use the ISLR Withholding Percentages program (P76V4020) to enter information about withholding types, percentages, and effective dates for the ISLR. withholding. The ISLR Withholding Percentages program enables you to set up by each company:

  • ISLR withholding concept.

  • ISLR fee code type.

  • Minimum and maximum amounts on which the withholding amount is based.

  • Percentage of the amount subject to withholding.

  • Withholding percentage.

  • ICMS reduced tax amount.

  • Effective dates.

The system saves the information that you enter to the ISLR Withholdings Setup - VEN table (F76V4020). Use the Work With ISLR Withholdings Setup form to view the information in this table.