Contribution Codes Window
Specifies codes that are used to satisfy social security withholding tax contributions for purchases from vendors. When you set up a contribution code for social security, you specify the social security identifying code, description, withholding percentage, and social security payable account.
For more information about a specific field, select the field, and then press F1.
Additional Information
In Italy, businesses must withhold social security taxes from payments to certain types of independent contractors or consultants. You are required by law to withhold a predetermined percent of the total social security taxes due and remit the amount to the Instituto Nazionale Previdenza Sociale (INPS). The vendor is responsible for paying the remaining social security tax liability.
Tip
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See Also
Tasks
How to: Set Up Withholding Tax