OASIS Mailing List ArchivesView the OASIS mailing list archive below
or browse/search using MarkMail.

 


Help: OASIS Mailing Lists Help | MarkMail Help

ubl message

[Date Prev] | [Thread Prev] | [Thread Next] | [Date Next] -- [Date Index] | [Thread Index] | [List Home]


Subject: [OASIS Issue Tracker] (UBL-18) Align CreditNote with Invoice document around withholding tax information


     [ https://issues.oasis-open.org/browse/UBL-18?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel ]

Kees Duvekot updated UBL-18:
----------------------------

    Assignee: Ken Holman  (was: Kees Duvekot)

> Align CreditNote with Invoice document around withholding tax information
> -------------------------------------------------------------------------
>
>                 Key: UBL-18
>                 URL: https://issues.oasis-open.org/browse/UBL-18
>             Project: OASIS Universal Business Language (UBL) TC
>          Issue Type: New Feature
>          Components: Documents and business objects
>            Reporter: Ken Holman
>            Assignee: Ken Holman
>            Priority: Minor
>
> Please see:
> https://lists.oasis-open.org/archives/ubl/201505/msg00009.html
> Roberto Cisternino wrote:
> Good day UBL..lers,
> Unfortunately I noted there is a missing ABIE in the UBL-CreditNote-2.1 which is the WithholdingTaxTotal (actually is my fault...)
> In fact if a company/freelancer is subject to the withholding tax on the invoice document it is required to apply the same tax on the credit note.
> Practically the withholding tax amount is corrected by the credit note just like other amounts.
> Of course the process of obtaining back the overpaid withholding tax from the tax authority is outside the invoicing process.
> Another important point is that the Withholding tax (W/T) is not a VAT tax but instead an Income tax.
> The AccountingCustomerParty has the responsability to pay the W/T to the tax authority on behalf of the AccountingSupplierParty.
> This means that under the LegalMonetaryTotal the PayableAmount (and PayableAlternativeAmount) needs to be subtracted by the W/T total amount (this is a calculation aspect).
> At this point I would see a new BIE named "PayableWithholdingTaxAmount" (0..1) under the LegalMonetaryTotal to evidence the W/T amount to be paid separately from the PayableAmount.



--
This message was sent by Atlassian JIRA
(v6.2.2#6258)


[Date Prev] | [Thread Prev] | [Thread Next] | [Date Next] -- [Date Index] | [Thread Index] | [List Home]