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hi
I'm new to withholding tax. What exactly is it? and how does AX handle it?
thanks
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Hi,
Ax withholds it when you make payments. You can find a lot of additional information here
technet.microsoft.com/.../gg213414.aspx;MSPPError=-2147217396
Best regards
Ludwig
Thanks Ludwig
Why does it need to be withheld? What is the reasoning behind it?
Oh yes - the link you sent above, seems to be broken ?
Hello James
That's country specific.
In my home country we have to withhold the money for certain kind of transactions mainly because the government wants to ensure that they get their taxes especially when dealing with small companies or self employed little vendors
Try this one
[View:https://technet.microsoft.com/en-us/library/gg213414.aspx?f=255&MSPPError=-2147217396]
Or simply search for withholding tax on technet or the docs sites
Does it apply to payables only? or would it apply to receivables as well?
i.e. In AX, is it normally an AR function, or an AP function?
I see your link still doesn't work.. not sure if its my side or not.
I found this site to be very helpful!
community.dynamics.com/.../ax-2012-withholding-sales-tax
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