Contribution Fiscal Code Field, Vendor Table
Specifies the code assigned to contribution taxes that have been applied to a purchase invoice from an independent contractor or consultant. This includes withholding taxes for social security and workers’ compensation.
Additional Information
Certain independent contractors or consultants are subject to social security withholding taxes. You are required by law to withhold a predetermined percent of the social security taxes due and remit the amount to the tax authority, Instituto Nazionale Previdenza Sociale (INPS). The vendor is responsible for paying the remaining social security tax liability.
INAIL is the Italian workers’ compensation authority and is responsible for providing compulsory insurance against accidents at work and occupational diseases. Under provisions of the law, a company is required to insure independent contractors or consultants against the risk of possible accidents in the workplace or diseases caused by working activities.
Tip
For more information on how to work with fields and columns, see Work with Data. For assistance in finding specific pages, see Search.
Parent Tables
Table | Location |
---|---|
Application Method Field, Vendor Table | Purchases and Payables |
Vendor Table | Purchases and Payables |
Vendor Table | Purchases and Payables |
See Also
Tasks
How to: Set Up Withholding Tax