Hierarchy
SAP_FIN (Software Component) SAP_FIN⤷
FI-LOC (Application Component) Localization⤷
ID-FI-SA (Package) FI Localization (South America, Excluding Argentina, Brazil)
IMG Activity
| ID | V_T059Z_WITHCD2 | Define Withholding Tax Keys |
| Transaction Code | S_SL0_21000001 | (empty) |
| Created on | 20040329 | |
| Customizing Attributes | WHT_CO | Withholding Tax, Colombia |
| Customizing Activity | V_T059Z_WITHCD2 | Define Withholding Tax Keys |
Document
| Document Class | SIMG | Hypertext: Object Class - Class to which a document belongs. |
| Document Name | V_T059Z_WITHCD2 |
Use
In this and the following IMG activity, you customize the system so that it assigns the appropriate CIIU code to each business transaction that you withhold tax on.
This enables you to state the CIIU codes in income tax returns, as required by law.
Note
There is another IMG activity Define Withholding Tax Keys, under Basic Settings. However, companies in Colombia use that activity for other purposes. For more information, see the IMG activity documentation there.
Requirements
Standard settings
Activities
Example
The following example illustrates what settings you make to customize withholding taxes for processing milk and coffee. These services are listed in the CIIU codes, as follows:
CIIU Code Service
15302 Processing milk beverages
1562 Threshing coffee
1563 Roasting and milling coffee
The cities of Bogotá and Santa Isabél require you to withhold tax on payments to providers of these services. Here is an excerpt of the tax rates, and the withholding tax codes that you have defined in the system for them (in the IMG activity Define Withholding Tax Codes):
City Service Tax Rate (%) Withholding Tax Code
Bogotá Threshing coffee 5 B1
Bogotá Roasting coffee 8 B2
Bogotá Milling coffee 7 B3
Santa Isabél Milling coffee 6 S1
Santa Isabél Condensing milk 4 S2
The Customizing settings you make, therefore, are as follows:
IMG Activity What to Do
Define Withholding Tax Keys Define the three CIIU codes listed above.
Assign Withholding Tax Keys to Withholding Tax Codes Assign the CIIU code 15302 to withholding tax code S2; assign 1562 to B1; and 1563 to B2, B3, and S1.
See also
Business Attributes
| ASAP Roadmap ID | 201 | Make global settings |
| Mandatory / Optional | 1 | Mandatory activity |
| Critical / Non-Critical | 1 | Critical |
| Country-Dependency | I | Valid for countries specified |
Maintenance Objects
| Maintenance object type | C | Customizing Object |
| Assigned objects | ||||||
|---|---|---|---|---|---|---|
| Customizing Object | Object Type | Transaction Code | Sub-object | Do not Summarize | Skip Subset Dialog Box | Description for multiple selections |
| V_T059Z_WITHCD2 | V - View | SM30 |
History
| Last changed by/on | SAP | 20040329 |
| SAP Release Created in |
