Configure PND Type
You can configure multiple PND Types for Withholding Tax Certificate Report for Thailand. The following table describes the different PND Types:
PND Type |
Description |
---|---|
P.N.D. 1 |
Use this for incomes such as Salary. |
P.N.D. 2 |
Use this for incomes such as Cash Dividends. |
P.N.D. 3 |
Use this for Personal incomes. |
P.N.D. 53 |
Use this for incomes such as Entity |
P.N.D. 54 |
Use this for Foreign Company based incomes. |
To configure PND Types for the Withholding Tax Certificate for Thailand, navigate to the Setup and Maintenance work area and perform the following steps:
-
Select an implementation project.
-
In the Task Lists and Tasks section, select Financials > Define Common Financials Configuration > Define Tax Configuration > Manage Tax Rates and Tax Recovery Rates.
-
On the Manage Tax Rates and Tax Recovery Rates page, select the Withholding Tax check box.
-
In the Withholding Tax Rate section, click Create. The Create Withholding Tax Rate page opens.
-
Select values for the Tax Regime Code, Configuration Owner and Tax fields.
-
From the Tax Status Code drop-down list, select STANDARD.
-
Enter an appropriate value for the Tax Rate Code field.
-
In the Rate Periods section, enter values for the Rate Percentage and Effective Start Date fields.
-
On the Tax Reporting Codes tab, click Add Row.
-
Select ORA_TH_PND_TYPE as the value for the Tax Reporting Type Code field.
-
Select an appropriate value for the Tax Reporting Code field.
-
Click Save and Close.