Set Up Withholding Tax
You must complete the withholding tax setup..
Follow these steps:
-
Create Tax Regime.
- Navigate to Setup and Maintenance and click Manage Tax Regimes.
- Set up KR_WHT regime.
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Create Tax Jurisdiction.
- Navigate to Setup and Maintenance and click Manage Tax Regimes.
- Create the KR_IN_JU income tax jurisdiction under the KR_WHT withholding tax regime.
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Create Taxes.
- Navigate to Setup and Maintenance and click Manage Tax Regimes.
- Click Manage Taxes.
- Open each tax authority, select the Sites tab, and select the site to edit.
- Select the Site Assignments tab.
- Check if relevant site assignments are available for the selected tax authority.