Withholding tax rates currently used in Israel

Hi all,
can somebody please help me with a list of withholding tax rates currently used in Israel?
Thanks a lot!

Similar Messages

Withholding Tax not populated using BAPI

Hello
We are using BAPI to post invoices instead of FB60 but noticed a difference in the withholding tax data.
Using FB60 when we provide a N1, the tax code shows up as starand the withholding tax exempt is populated along with the withholding tax code from the vendor master.
When we try to do the same using the BAPI providing it with N1, it does not populate the withholding tax exempt and withholding tax code fields
We are using classing withholding tax.
why the BAPI is behaving differently than FB60 and not picking up the standard configuration
This is priority as we are in Production and invoices which dont have these withholding tax information are not getting picked up for payment.
Thanks

Solved myself...using the ACCOUNTPAYABLE-W_TAX_CODE field to populate the tax code which is stored on the Vendor Master

Incorrect Withholding TAX Split when using Installment Payment term

Hi SAP Gurus,
When we are using installment payments, the withholding tax is split and calculated in as many vendor positions as the installment payment term dictates. In our location (ECUADOR) it is necesary to calculate the Withholding TAX adding all the vendor positions (PstKy - 31) and posting only one Withholding tax position. When we simulate the document, we get the next snapshot:
001 31       0000100035                                                               0.00
002 40       5201001001 Sueldos                                          1,000.00                                       60
003 31       0000100035 RAMOS ANDRADE CARLO                             309.64-
004 31       0000100035 RAMOS ANDRADE CARLO                             300.54-
005 31       0000100035 RAMOS ANDRADE CARLO                             300.54-
006 50       2401003003 10% Retención Profe                                          30.36-
007 50       2401003003 10% Retención Profe                                          29.46-
008 50       2401003003 10% Retención Profe                                          29.46-
009 40       1301003001 IVA 12%                                           107.14
And we shoul get the next one for our needs:
001 31       0000100035                                                               0.00
002 40       5201001001 Sueldos                                          1,000.00                                       60
003 31       0000100035 RAMOS ANDRADE CARLO                             250,72- ==========> (Here is made the tax disccount)
004 31       0000100035 RAMOS ANDRADE CARLO                             389,82-
005 31       0000100035 RAMOS ANDRADE CARLO                             389,82-
006 50       2401003003 10% Retención Profe                                          89,28- ==========> (Here is the 3 tax positions added)
007 40       1301003001 IVA 12%                                           107.14
Regards,
Esteban Moreno
SAP FI-CO consultant

Hi Srikanth,
Thanks for your suggestion.
I am looking for way in which two accounting documents are created automatically by the system having the desired values. Due to huge number of customer invoices which will need this, it will not be possible to handle it manually and will leave a room for error due to manual intervention.
If somehow we can configure this payment term in system, then it would really help
Regards
Harpreet

Withholding Tax rate as per Slab Rate

Hello,
As per my clent requirement, Withholding tax has to be calculated as per following Slab rate:
Amount < 500,000 Tax will be applied @ 0.01 %
Amount > 500,000 Tax will be applied @ 2.00 %
I have defined the same in Formula for calculating Withholding Tax.
However when the base value is above Rs.500,000 then system is calculating 2..01 % (2 +.01)
Kindly advise how I can address this issue.
Regards
Karthikeyan G

Hello Sameer
I am afraid that it is not possible to have more than 2 decimal places in classic withholding tax .
As you know in the extended w/tax functionlity the problem is solved. You
can enter the w/tax percent rage with 4 decimals.
Greetings
Javier

Get Withholding Tax Line Item Using FM

Hi all,
Is the any FM that allows me to get withholding tax line item (in table WITH_ITEM) based on the line item in BSEG? What I want from the result is that it will be able to tell me which line item in WITH_ITEM belongs to which line item in BSEG.
Thanks for helping out.
Regards,
Goh Tiam Tjai

Hello,
I've found a way to do it, and considering that I could not find the answer in SCN I'll post it.
I've created a report to show the calculated WHT which would be posted only at the payment moment. Also, in Brazil we work with extended WHT (and not the classic one).
You will need an ABAP.
Create a Z function module as copy of ZFI_WT_FB05_CALCULATE_WT.
This FM has only input parameters, therefore it does not provide you with the calculated WHT as an output (as standard). Knowing this, it is necessary to change it (the FM) by summing all T_WITH_ITEM-WT_QBSHH per accounting document (this table is present in the standard FM).
You need to provide the logic in order to obtain the parameters, The field which need to be filled are:
I_AKTYP              =             "H”
I_DYNCL              =             "Z”
Table I_POSTAB
Pick the data below from BKPF/BSEG of the accounting document which needs WHT to be calculated:
BELNR
BUKRS
GJAHR
BUZEI
WAERS
BUDAT
BLDAT
BSCHL
KOART
SHKZG
DMBTR
WRBTR
KONKO
XAKTP = "X"
XAKTS = "X"
Table I_BKPF
BUKRS
GJAHR     = year of the system date
BLART     = KZ
BLDAT     = system date
BUDAT     = system date
MONAT     = period of the system date
TCODE     = FBZ2
WAERS
Then after changing the FM to have T_WITH_ITEM-WT_QBSHH as output, simulate it by inserting the values of the accounting document which has WHT, and check the result, if it is the same as calculated by F-53 or F110.

Extended Withholding Tax Rate change at invoice Level

Hello Every One
We are implementing Extended Witholding TAx in US.
How can i achieve Below
Requirement 1:
At the time of invoice the business want to override the Tax rate, but i am not sure how it will happen since tax rate % is defined in tax codes and tax codes are assigned in the vendor master? The reason for this is that if one vendor has existence in two different countries then our company will with held tax at different rate.
My Solution: I will define one tax code with 100% rate and then if the that vendor has to be deducted at 30% rate. Then in the vendor master in the exemption % field they can put 70%, so at the time of invoice it will be calculated 30%, but the draw back of this is that it has to be maintained by the master data team and the invoice clerk cannot do it right away if the requirement gets changed. (if someone has other than this please let me know)
Requirement 2:
How we can with hold tax at line item level, is it possible?
for example if we receive an invoice from a vendor for 2000$. Out of 2000$ $1200 is belong to service which is taxable and 800$ is belong Material which is not taxable.
Requirement 3.
What will be the configuration setups of with holding tax account in FS03
Best Regards

Refer the sdn thread posted on similar issue
Please search in sdn before posting .
[SDN URL|Set exchange rate indicator in billing;

About vendors withholding tax rate

Hi friends
where we r assigning withholding tax for perticular vendor in our system or configuration?
plz tell me path of confi. so i can change withholding tax.
thanks in advance.

Hello
This is the link for documentation on WHT.
Assigning the tax code is done in the master record of the vendor
http://help.sap.com/saphelp_erp2005vp/helpdata/en/a8/b72038f11e9b64e10000009b38f8cf/frameset.htm
Reg
*assign points if useful

Withholding Tax on payment using T.Code F-02

Hi all
I am trying to make an On Account payment to the Vendor using T.Code F-02. However, when I use the Posting Key 25, the system does not deduct the TDS on payment. Please lemme know if this is the standard system behaviour or am I going wrong somewhere?
Cheers
Hrishi

Hi,
When u making a advance payment to vendor the accounting entry is
Advance payment Dr
To: Vendor
You are using the posting key 25 which means vendor debit. it is not meant for down payment only for outgoing payment.
Against which kind of service you are making payment because all tax codes having minimum amount also. please see that once also.
In the vendor master record are choose liabile check box. Just run once RTWT0010
Hope this is clear, If yes assign points
Regards,
Sankar

Withholding Tax Certificate (Spain)

Hi,
One of the requirements in the project I am working at the moment is to generate the Withholding Tax Certificate and I can find out the way of generating the print out. The country where the report needs to be generated is Spain. Could anyone give me a hand? since I cannot find a standard form for this.. Do I have to generate a new form copying from an existing one? Is the WH Tax Certificate generated from the tr. S_PL0_09000447 and then this calls the form generated for this report?
Thanks and regards in advance.
F.

Hi
Symptom
Your company code is in Spain and you work with classic withholding tax.
This note is designed to help during the changeover from classic to extended withholding tax for Spain.
Other terms
Withholding tax, QSSKZ, customer, vendor, withholding tax changeover, withholding tax migration, WTMG, WTMIGRATION, classic withholding tax, QST, extended withholding tax, Spain
Reason and Prerequisites
The changeover from classic to extended withholding tax must be performed using a conversion tool (Transaction WTMG).
Solution
Since Release 40B, the extended withholding tax function has been available in the standard system. By changing to the extended withholding tax, it makes using withholding tax on the debit side possible. In addition it is possible to post different withholding tax categories in a document at the same time. You can find more information on the extended withholding tax function in the SAP Library.
It is only possible to change from classic withholding tax to extended withholding tax using a conversion tool.
On no account should you activate the extended withholding tax in your system without using this tool if you have been using the classic withholding tax up to now.
Information concerning the changeover and the changeover tool can be found in Note 337267.
This note describes the creation of the withholding tax types and withholding tax codes and the use of the changeover tool for the country Spain.
However this note does not replace the documentation concerning the withholding tax changeover in the SAP Library (or the Word file during the transport from the SAPServ according to Note 186989), it simply provides additional information for Spain!
1. The following is a list of the withholding tax codes used in classic withholding tax. If the withholding tax codes you are using are called differently, you must take that into account later during the assignment of the withholding tax codes of classic withholding tax to the type/code combinations of extended withholding tax.
Probably the specified withholding tax codes do not agree with those which have you used in classic withholding tax. Since the specified codes are the official ones, first change your Customizing for classic withholding tax such that the specified withholding tax codes are defined for the different withholding tax codes.
2. Define the official withholding tax keys for the country ES in extended withholding tax under Financial Accounting Global Settings --> Withholding Tax --> Extended Withholding Tax --> Basic Settings --> Define Official Withholding Tax Codes:
3. Create the following withholding tax types of extended withholding tax for the country ES:
To create the withholding tax types, select Financial Accounting Global Settings --> Withholding Tax --> Extended Withholding Tax --> Calculation --> Withholding Tax Type --> Define Withholding Tax Type for Payment Posting in the Implementation Guide for Financial Accounting.
Select 'Net amount' in the "Calculation/Base amount" screen area in each case
Select 'W/tax comm. round' in the "Calculation/Rounding rule" screen area in each case
Select 'C/disc pre W/tx' in the "Calculation/Cash discount" screen area in each case
Set the 'Post w/tax amount' indicator in the "Calculation" screen area in each case
Select 'No accumulation' in the "Accumulation type" screen area in each case
Set the 'W/tax base manual', 'Manual w/tax amnt' and 'No cert. numbering' indicators in the "Control data" screen area in each case
Select 'W/tax code level' in the "Define minimum/maximum amounts", "Base amount" screen area in each case
Select 'W/tax code level' in the "Define minimum/maximum amounts", "Withholding tax amount" screen area in each case
Select 'No centr. invoice' in the "Central invoice" screen area in each case
Select 'Minimum Check at Item Level' in the "Minimum Check" screen area or 'No min. base check at item level' in the "Minimum base check" screen area in each case
All the other fields in the withholding tax type must be left unselected.
4. Create the withholding tax codes belonging to the withholding tax types:
To create the withholding tax codes, select Financial Accounting Global Settings --> Withholding Tax --> Extended Withholding Tax --> Calculation --> Withholding Tax Codes --> Define Withholding Tax Codes in the Implementation Guide for Financial Accounting.
Copy the names from the first list (under point 1).
Enter the official withholding tax key (Off. W/Tax Key) in the corresponding field as specified above.
Select the same percentage as defined in the corresponding withholding tax code of classic withholding tax under 'Calculation of the withholding tax base amount' for the percentage subject to tax in the "Base amount" screen area. (the percentage should agree with the above-mentioned percentage subject to tax (%sub.to tax)).
Select the same rate as defined in the corresponding withholding tax code of classic withholding tax under 'Calculation of withholding tax' for the withholding tax rate in the "Calculation" screen area (The rate should agree with the above-mentioned withholding tax rate (WT rate)).
Set value '1' for the Post.indic. in the "Postings" screen area
Select the corresponding settings as in the corresponding withholding tax code of classic withholding tax in the "Reporting information" screen area (The settings should agree with the above-mentioned specifications for region and income type (Inc.type)).
All the other fields in the withholding tax code must remain empty.
Create a withholding tax conversion run:
Call Transaction WTMG
Choose 'Create'
Assign a name to the conversion run
Select change 'Choose Company Codes' and enter the company code to be converted and country 'ES'
Select change 'Type/Code Assignment' and assign the respective new withholding tax types and withholding tax codes of extended withholding tax to the withholding tax codes of classic withholding tax defined for country 'ES':
Execute the 'Analysis'
Select the option 'Several withholding tax types possible per vendor' under 'Master data settings'
Carry out the conversion steps (to start with in the test run).
After the withholding tax changeover has occurred, create the following recipient codes for the country ES to complete Customizing:
To create the recipient code, select Financial Accounting Global Settings --> Withholding Tax --> Extended Withholding Tax --> Reporting --> Define Recipient Code for Extended Withholding Tax in the Implementation Guide for Financial Accounting.

Error in numbering of withholding tax certificate

Hi ,
I am getting this error, and i have done the certificate certificate number range, and also the number group, but no result came....
Its giving me this error....
please help asap....I will assign points.
Error in numbering of withholding tax certificate
Message no. 7Q626
Diagnosis
An error has occurred during withholding tax certificate numbering.
Procedure
Check your Customizing settings for withholding tax certificate numbering
Thnaks

Check SAP Note No. 127352. Just in case if you cannot, here is what it says.
Solution
Check your Customizing settings:
In the IMG check the settings for
Financial Accounting -> Financial Accounting Global Settings -> ...:
Settings for the company code:
... -> Company Code -> Activate extended withholding tax:
1. Is the extended withholding tax activated for the company code?
(Indicator: Extended withholding tax - yes )
Caution!
If the extended withholding tax is not activated, you should not activate this under any circumstances in the current, productive system. Since the classical and the extended withholding tax functions are independent of each other and also the respective withholding tax data is kept in the database in different tables, there is a need for a separate change process (migration) for the migration from the classical to the extended withholding tax functions. The migration defines a mapping of the withholding tax data (Customizing data, master data and transaction data) of the old withholding tax functions on the data of the extended withholding tax function and creates this. However, no tool is made available by SAP that allows a return to the classical withholding tax functions.
Settings for the extended withholding tax functions:
... -> Withholding Tax -> Extended Withholding Tax -> ...:
... -> Calculation -> Withholding Tax Codes ->
-> Define withholding tax codes
2.1 Is a percentage rate entered for the withholding tax codes?
2.2 If the checkbox Withholding tax formula is activated in the withholding tax code, a scaling must be defined under
... -> Calculation -> Withholding Tax Codes -> Define withholding tax formulas
... -> Company code -> Assign Withholding Tax Types to Company Codes
3. Are the withholding tax types assigned to the company code?
3.1 Is the company code defined as withholding tax obligated from for withholding tax type? (Indicator: Withholding tax obligated from - yes).
3.2. Is the current callup point within the validity period for the obligation?
3.3 For withholding tax on the debit side: is company code defined as subject to withholding tax? (Customer data Subject to withholding tax - yes )
... -> Postings -> Accounts for withholding tax -> ...
4.1 An account must be defined both on the debit side and on the credit side for withholding tax to be paid over.
... -> Define accounts for Withholding Tax to be Paid Over
4.2 For withholding tax codes which are posted with 'Grossing up', an account must be defined for the 'Grossing up' offsetting entry.
... -> Define Accts for W/hold.Tax for "Gross.up" Offsetting Entry
4.3 For withholding tax on the debit side: If the withholding tax type (only for withholding tax during payment) allows self-withholding agent and the company code is authorized to self-withholding agent, an account must be defined for self-withheld withholding tax.
... -> Define Accounts for Self-Withholding Tax
4.4 For withholding tax codes which should be posted with offsetting entry, an account must be defined for offsetting entry.
... -> Define Accounts for Withholding Tax Offsetting Entry
Depending on the rules which are selected for the account determination of the above-mentioned accounts an account must be defined for every withholding tax type or for every combination withholding tax type/tax code. Furthermore, you can also control to debits/credits indicator.
Posting ->, ... Certificate numbering for withholding tax
5. If for withholding tax type ( ...Calculation -> Withholding Tax Type) the option 'no certificate numbering' is not selected, you must carry out all corresponding settings.
Check the settings of the field status groups:
6. The withholding tax for reconciliation and posting accounts must be set to as not suppressed (required or optional).
Check the settings of the vendor or customer master data:
7. The withholding tax types and indicators must be defined as
'liable'.
8. The dialog box does not work if the current callup point is
within the exemption period and no collapsed withholding tax rate
was maintained or if this is equal zero.

Query on Withholding Tax

Hi Expert,
I'm using the following query to inquire on withholding tax.
SELECT T0.[DocDate], T0.[TransId], T0.[CardName], T0.[LicTradNum] as 'TIN', T0.[WTApplied], T0.[WTSum], T0.[WTSum]-T0.[WTApplied] as 'Tax Due' FROM OPCH T0 WHERE T0.[DocDate] >=[%0] and T0.[DocDate] <=[%1] and T0.[WTSum] > 0 ORDER BY T0.[CardName]
I have setup different withholding tax rate depending on the payment however I want to include in the query the withholding tax rate.
How can I include the tax rate on the query.
Thanks,
Arlmi2000

Hi Hendry
Thanks for your reply. I tried your query but there was a syntax error in your query.
1). [Microsoft][SQL Native Client][SQL Server]Incorrect syntax near '0'. 2). [Microsoft][SQL Native Client][SQL Server]Statement 'Service Contracts' (OCTR) (s) could not be prepared.
But I was able to get an Idea on what table I need to include in my query.
Below is the query I develop and it already include the tax rate.
SELECT T0.[DocDate], T0.[TransId], T0.[CardName], T0.[LicTradNum] as 'TIN', T1.[Rate], T0.[WTApplied], T0.[WTSum], T0.[WTSum]-T0.[WTApplied] as 'Tax Due' FROM OPCH T0 INNER JOIN PCH5 T1 ON T0.DocEntry = T1.AbsEntry WHERE T0.[DocDate] >=[%0] and T0.[DocDate] <=[%1] and T0.[WTSum] > 0 ORDER BY T0.[CardName]
However, I still facing problem, How can I exclude in the result the documents with previously applied Credit Memo?
Thanks,
Arlmi2000

Withholding tax calculation on Expenditure document

Hi all of you,
We have a scenario where direct expenditure entry could be made with out the vendor invoice i.e.
Courier Charges A/c Dr.
Service tax Receivable A/c Dr.
            To HDFC
            To TDS Payable A/c
My client is asking to calculate the W/h tax on the expenditure line item and he is asking to include the items in remittance challan and as well as Form 16a and to be included in E-TDS quarterly return for the corresponding vendor.
I think W/h tax calculation is purely dependent on the vendor line item only as we do assignment in the vendor master. How is it possible in SAP?
Please help me out.
Thanks & Regards
Ramki
Edited by: Ramki on Apr 17, 2009 11:56 AM

Dear Rams,
SDNFICO is right.
If You want to have the following posting:
Itm PK Account    Account short text   Assignment         Tx           Amount
1 31 100214     indian vendot                                                    1.000,00-
2 40 444444     Consumptn, raw mat.1                                     1.300,00
3 50 177000     Withholding tax                                                    300,00-
You have to manipulate Your wt code changing the WHT tax rate and use 23.08%
IMG --> Define WT Codes --> double click on Yours:
Percentage subject to tax     100,00 %
With/tax rate              23,0800 %
there is no other option at all.
I hope this help You.
Mauri

Configure AP Withholding Tax for US

Good Morning Folks-
I have searched the forum high and low and a lot of the config steps for WHT are for India. What are the configuration steps for US?
Thanks!
Points will be awarded

Hi ,
The steps are almost similar to one for India. Find below the steps for WHT for US
1.     Define Official Withholding Tax Keys
For Country key US, defined the following Official Withholding Tax Keys:
Official Key     Name
1042     Official Key for 1042 Reporting u2013 not applicable
1099     Official Key for 1099 Reporting
2.     Define Withholding Tax Types for Payment Posting
For Country key US, defined the following Withholding Tax Types:
Withholding Tax Type     Name
42     1042 ext. w/holding tax -- now
CC     1099 California Corporation Status
FE     1099 Federal With-Holding Tax-- applicable
IC     1099 Independent Contractor Status
ST     1099 State With-Holding Tax - applicable
TE     Tax Exempt
3.     Define Withholding Tax Codes
one tax code u2013 with zero
For Country key US, defined the following Withholding Tax Codes:
Withholding Tax Type     Withholding Tax Code     Name     Official withholding tax key     Withholding tax rate
42     C1     1042 Compen--Ind. personal serv (30 %)     1042     30%
CC     C1     Not California Corp. (7% w/Holding)     blank     7%
FE     01     Rents 1099 Extended W/TX (0%)     1099     0%
FE     02     Royalties 1099 Extended W/TX (0%)     1099     0%
FE     F0     1099 Ext W/TX crop ins. proceeds 31%     1099     31%
FE     F1     1099 Extended W/TX Rents 31%     1099     31%
FE     F2     1099 Extended W/TX Royalties 31%     1099     31%
FE     F3     1099 Extended W/TX Royalties 31%     1099     31%
FE     F5     1099 Ext. w/TX Fish. Boat Proc 31%     1099     31%
I have just shown some few Tax codes , the list will be large.
4.     Assign GL Account for Withholding
Identified the following G/L accounts to be used for withholding tax types:
Withholding tax type     GL account
42     (State Income Tax Withheld)
FE     (Federal Income Tax Withheld)
ST     (State Income Tax Withheld)
CC     (State Income Tax Withheld)
5.     Define the Withholding Tax Types used for each Company
These withholding tax types were set up for all companies. Refer to Step 1(Company specific configuration) for a list of companies.
42, FE, ST. CC, IC, TE
6.     Activate Extended Withholding for Companies
Activated extended withholding for all companies. Refer to Step 1(Company specific configuration) for a list of companies.
Hope it helps
SJ

Calculate withholding tax when have input or output tax

Dear Forum,
I understand that when the entry has input or output tax, in order to deduct withholding tax, I can deduct from vendor or customer account.
Say if there is input tax, then I cannot deduct from vendor if at the point of vendor or bank if at the point of payment.
Say if there is output tax, then cannot deduct from customer.
Can advise the reason?
Thanks

Dear,
I will answer You with a practical example:
001 31       0000100214 Test VENDOR                       811,30-
002 40       0000444444 Consumptn, raw mat.           943,39
003 40       0000154000 Input tax                                  56,61
004 50       0000177000 Withholding tax                      188,70-
taxes
Amount           Tx D/C Tax base amount      G/L        Tax rate
56,61            A9     943,39               154000     6,000
wt pop up
test invoice time     01(CODE)     943,39      188,70 ZZ (TYPE)
where:
zz wt type is defined as Net amount
a1 wt code 20%
The System will do the following calculation:
Base for Calculation (Gross Amount) in Document Currency                            1000.00 EUR
   - Tax on Sales/Purchases Amount                                                                      56.61 EUR
Base amount = net amount                                                                                943.39 EUR
Portion Subject to Tax                                                                                100.00 %
Base Amount Minus Exempt Amt                                                                         943.39 EUR
Withholding Tax Rate                                                                                20.00 %
Final Withholding Tax Amount                                                                               188.70 EUR after rounding
I hope this can help You in understanding the System behaviour.
Please remember to use RFWT1000 by se38 if You need to trace the WT calculation during the simulation.
Mauri
Edited by: MAURIZIO BIANCOTTI on Oct 14, 2010 10:43 AM

Extended Withholding Tax - Minimum Amount

Dear SAP Expert,
In our setup we have extended withholding tax incoming payment for outgoing invoices.
The scenario is if invoice base amount is less than 300 EGP (local curreny) then withholding tax information should not capture invoice document.
I setup minimum based amount on withholding tax type and withholding tax codes level but still when user post outgoing invoices WHT information is captured in FI document.
Because of above issue automatic clearing (F.13) is not happening and we are getting error message like "Items with withholding tax code for customer subject to withholding tax"
looking for expert assistance.
B/R
Prashant Rane

Dear Mani,
Thanks for assistance.
from your example I understand if invoice amount is less than 10,000 then WHT should be applicable.
In my example min invoice amount is 300 EGP
where 2 % WHT is applicable
I wanted to know in which below field I should enter 300 EGP (from your example 10,000)?
Calculation > Withholding Tax Codes > Define Formula for calculating Withholding Tax:
Currency u2013 EGP
W/Tax Type u2013 I2
W/Tax Code u2013 P2
Valid from u2013 01.01.2009
To base amount - 999,999,999,999
W/Tax Rate u2013 2%
Reduced Withholding Tax Rate for Exemption u2013 BLANK
Reduction of Base Amount u2013 BLANK
Decreased Reduction of Base Amount - BLANK
Below is complete customizing I did in my setup
Financial Accounting
Financial Accounting Global Settings
Withholding Tax
Extended Withholding Tax
Calculation > Withholding Tax Type > Define Withholding Tax Type for payment posting:
Withhld tax type u2013 I2
Base Amount u2013 Net Amount
Accumulation Type u2013 No accumulation
Control Data u2013 W/Tax base manual, manual W/tax amnt, w/tax for payments, no cert. numbering
Base amount u2013 W/tax code level
W/tax amount - W/tax code level
Minimum check u2013 Min. base amnt check at doc invoice level
Post W/Tax Amount - YES
Calculation > Withholding Tax Codes > Define Withholding Tax Code:
Withhld tax type u2013 I2
W/tax code - P2
Base Amount u2013 Pecentage subject to tax 100%
Postings Indic- 1
Calculation u2013 W/tax rate u2013 2%
Calculation > Withholding Tax Codes > Define Formula for calculating Withholding Tax:
Currency u2013 EGP
W/Tax Type u2013 I2
W/Tax Code u2013 P2
Valid from u2013 01.01.2009
To base amount - 999,999,999,999
W/Tax Rate u2013 2%
Reduced Withholding Tax Rate for Exemption u2013 BLANK
Reduction of Base Amount u2013 BLANK
Decreased Reduction of Base Amount - BLANK
Calculation > Withholding Tax Codes > Minimum and Maximum Amounts
Min / Max Amounts for W/Tax Type
W/Tax Type u2013 I2
Currency u2013 EGP
Valid from u2013 01.01.2009
Min W/Tax Amount u2013 60
Max W/Tax Amount - 999,999,999,999.00
Min base amount u2013 300
Min / Max Amounts for W/Tax Code
W/Tax Type u2013 I2
W/Tax Code u2013 P2
Currency u2013 EGP
Valid from u2013 01.01.2009
Min W/Tax Amount u2013 60
Max W/Tax Amount - 999,999,999,999.00
Min base amount u2013 300
W/tax base exem amount u2013 BLANK
Company Code > Assign WHT Tax Type To Company Code:
Company Code u2013 0011
W/Tax Type u2013 I2
Customer Data u2013 Subject to W/Tax

Withholding tax rates currently used in Israel

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