Overview of Withholding Tax Reports for Italy

The withholding tax reports for Italy provide specific withholding tax information on supplier invoices as required by the tax authorities in Italy. You can use these reports to produce withholding tax letters you send to suppliers, reconcile the withholding tax letters sent to suppliers with the yearly amounts withheld for tax and social security, and prepare the yearly declarations for the tax authorities.

The following reports support withholding tax handling for Italy:

Withholding Tax Letters for Italy: Creates letters sent to suppliers in Italy that confirm the tax and social security amounts withheld on purchase invoices that are partially or fully paid within a calendar year. Prints for a specific supplier or for all suppliers.
Yearly Withholding Tax Report for Italy: Shows the annual taxes withheld by first-party legal entities for a supplier during a specified year, ordered by supplier name, supplier taxpayer ID or supplier tax registration number. Prints the yearly summary of tax and social security amounts withheld for the legal entity. For each supplier and supplier site:
- The details section lists the tax and social security amounts withheld per invoice.
- The summary section lists the total tax and social security amounts withheld, grouped by withholding tax rate and withholding social security rate.

Key Insights

The Yearly Withholding Tax Report for Italy must include, in ledger currency, the same withholding tax and social security information printed in the Withholding Tax Letters for Italy report sent to suppliers. These reports leverage the new withholding tax architecture introduced in Release 9.

When defining individuals as suppliers, you must specify the date of birth and place of birth. These details are entered at the supplier header level.

Report Parameters

The following table describes selected process parameters:

Name	Description
Legal Entity	Specify the legal entity for reporting.
Year	Specify the calendar year to be included for reporting withholding tax.

Frequently Asked Questions

The following table lists frequently asked questions about the withholding tax reports for Italy.

FAQ	Answer
How do I find these reports?	Schedule and run these reports from the Scheduled Processes work area on the Navigator menu.
Who uses these reports?	Tax Manager Tax Accountant Payables Manager Payables Specialist
When do I use these reports?	Use these reports to: Create letters for your suppliers in Italy to confirm withheld tax amounts. Reconcile the withholding tax letters sent to your suppliers. Review withheld taxes for each invoice or supplier. Review withheld taxes by calendar year for your first-party legal entities.
What type of reports are these?	Oracle Analytics Publisher.