FI Global Settings Withholding Tax: Classic vs EWT and the Changeover Process
Book: Financial Accounting in SAP S/4HANA Finance Simplified: Questions & Answers
Author: Narayanan Veeriah
ISBN: 978-93-65898-675
Chapter 13 is all about withholding tax. The tax your customer deducts from your invoice before paying you. Or the tax you deduct from a vendor before paying them. Veeriah spends most of the chapter on Extended Withholding Tax (EWT) because classic withholding tax is basically legacy at this point.