Withholding tax codes (form)

Article
10/09/2018

Applies To: Microsoft Dynamics AX 2012 R3, Microsoft Dynamics AX 2012 R2, Microsoft Dynamics AX 2012 Feature Pack, Microsoft Dynamics AX 2012

Click General ledger > Setup > Withholding tax > Withholding tax codes.

Use this form to create and manage withholding tax codes.

Tasks that use this form

Set up withholding tax in System administration and General ledger

(Global, AUS, ITA) Set up withholding tax for a vendor

Calculate and post withholding tax

Navigating the form

The following tables provide descriptions for the controls in this form.

Tabs

Tab	Description
General	View information about the selected withholding tax code.
Calculation	Set up calculation and round-off parameters.
Italian reporting	Set up codes for entry type and yearly declaration (770). Note (ITA) This control is available only to legal entities whose primary address is in Italy.

Buttons

Button	Description
Values	Open the Withholding tax values form, where you can create or update withholding tax values.
Limits	Open the Withholding tax limits form, where you can create or update withholding tax limits.
Inquiries	Open a menu that contains the following items: Included in withholding tax groups – Open the Withholding tax code in group form, where you can view the withholding tax groups that contain the withholding tax code. Posted withholding tax – Open the Posted withholding tax form, where you can view posted withholding tax transactions.

Values

Open the Withholding tax values form, where you can create or update withholding tax values.

Limits

Open the Withholding tax limits form, where you can create or update withholding tax limits.

Inquiries

Open a menu that contains the following items:

Included in withholding tax groups – Open the Withholding tax code in group form, where you can view the withholding tax groups that contain the withholding tax code.
Posted withholding tax – Open the Posted withholding tax form, where you can view posted withholding tax transactions.

Fields

Field	Description
Withholding tax code	Enter the identifier of the withholding tax code.
Withholding tax name	Enter the name of the withholding tax code.
Currency	Select the currency in which the withholding tax is expressed and must be paid.
Settlement period	Select the settlement period for the withholding tax code. Note (THA) This control is available only to legal entities whose primary address is in Thailand.
Ledger posting group	Select the ledger posting group for the withholding tax code. Note (THA) This control is available only to legal entities whose primary address is in Thailand.
Main account	Select the main account for posting the withholding tax liability.
Origin	Select the amount from which the withholding tax is calculated.
Round-off	Specify the rounding for this withholding tax code in the withholding tax currency.
Rounding form	Select the general rounding method. Normal – The amount is rounded to the number of decimal points that is specified in the Round-off field. Downward – The amount is rounded down to the number of decimal points that is specified in the Round-off field. Rounding-up – The amount is rounded up to the number of decimal points that is specified in the Round-off field.
Withholding tax reason code	The reference that is used at payment to tax authorities. Note (ITA) This control is available only to legal entities whose primary address is in Italy.
Source	Indicate whether to summarize the posted tax by source. This is used on the certification report and the yearly report. Note (ITA) This control is available only to legal entities whose primary address is in Italy.
May be reported by recipient	Indicate whether to summarize the posted tax by recipient. This is used on the certification report and the yearly report. Note (ITA) This control is available only to legal entities whose primary address is in Italy.
Service type	Enter the code for the service type. The code is used as a classification on the yearly tax declaration. Note (ITA) This control is available only to legal entities whose primary address is in Italy.
770 form	Enter the code for the section of the yearly tax declaration, in which the tax has to be included. Note (ITA) This control is available only to legal entities whose primary address is in Italy.