In the Create Specific Global Tax Rates panel, you can assign specific withholding tax rates and reclaim rates to apply as an override for a global tax rate using a specific entity/security/effective date combination. The system can apply these override rates in place of those defined at the global tax rate level.
To create specific global tax rates:
- In Accounting Center, in the left navigation pane, click SetupSetup > Tax Rates > Specific Global Tax Rates > Create Specific Global Tax Rates.
You see the Create Specific Global Tax Rates panel. - Complete the options on the Create Specific Global Tax Rates panel.
- Click Submit.
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