Israel Legal Change in Withholding Tax Report – Changes for Year 2014
This is to inform you that on February 18th a legal change in the Withholding Tax report was released for all our customers, SAP note 2114020.
Following the new insructions that were published by the tax authorities, there are two new fields in record type 80:
- Total payments for dividend.
- Total withholding tax for dividend.
These amounts will be taken from payment documents with withholding tax type that is connected to a recipient type 18 (type 18 is for dividend deductions according to the tax authority's instructions).