When do I use Oracle Fusion Tax to update the Payables withholding tax setup?

If you have already set up your withholding tax requirements in Oracle Fusion Payables, you don't need to do the same in Oracle Fusion Tax. However, you need to update some withholding tax details in Oracle Fusion Tax.

They aren't a part of the Payables withholding tax setup, such as:

  • Rate schedules to apply a single rate on the total taxable basis

  • Tax thresholds to use a taxable basis threshold of total amount instead of an amount in excess of the minimum

You can also update associated tax authority details initially set up in Payables.