
Withholding Tax Type
Definition
See
withholding tax type.Use
When you create a company code using the template for Brazil, the system sets up sample withholding tax types as follows:
Withholding Tax Types for Invoice Posting
|
Tax type |
Description |
|
IC |
IRRF for natural persons (CPF) |
|
IF |
Funrural |
|
IP |
FCPS |
|
IR |
IRRF for companies |
|
IS |
ISSF |
You can maintain withholding tax types in Customizing for Financial Accounting (FI), under Financial Accounting Global Settings ® Withholding Tax ® Extended Withholding Tax ® Calculation ® Withholding Tax Type ® Define Withholding Tax Type for Invoice Posting.