Home  >   FAQs   >  What is Deducted tax?
FAQs in this section

What is Deducted tax?

Table of Contents

Deducted Tax is useful in situations where you have to withhold the tax before paying the vendor. Deducted Taxes are computed on Items Total and are deducted from the Total.
For example, in Spain, the IRPF tax is applied to self-employed individuals. Clients deduct the Tax before paying these individuals. The deducted tax value specified in the settings can be changed individually in the record.
To learn more about Tax Management, click here.

 

Was this FAQ helpful?
0  out of  0  found this helpful.
Comments 0
Be the first to comment
© Copyright 2023 Vtiger. All rights reserved.