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Within the Spanish tax system applied to companies and self-employed professionals in general, income tax deductions must be made on invoices received from a certain group of professionals. These withholdings must be collected, with their Withholding Base and the Amounts withheld, in order to declare a series of taxes. Many clients tell us why this functionality has been developed when it is a tax obligation in almost every company. So the question is, it would be great to include the management of withholdings and export of more common tax files (mainly models 111 and 190, 115 and 180) into the Spanish versions of MS Dynamics. It would be very useful for many clients in Spain.
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Ideas Administrator

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Thank you

Søren Alexandersen
Senior Program Manager, Business Central, Localization


Comments

Totally agree.

We are a Spanish final Customer and we need this feature for purchases in standard base app, not in a custom development.

For Freelances and Rents a mandatory retention is applied by law.

Category: Financial Management

Withholding tax or TDS is very common in africa and the indian ocean islands countries as well, so it would be great to see this functionality deployed as standard .

Category: Financial Management

I agree. In Spain it is very common. Please, We also need it for our customers.

Category: Financial Management