Credit note: W/T issue

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.

    

    

    
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      Best regards

      

      Roberto Cisternino

      

      JAVEST By Roberto Cisternino
      

      

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