This tutorial covers the journal entry for creditable withholding tax, in particular looking at an example from the Philippines.
In today’s accounting tutorial article we will be looking at what the journal entry is for dealing with withholding tax when a dividend is being paid and when received. Ensuring … Read More
Withholding Tax is used in many tax jurisdictions as an efficient means of tax collection. It is efficient in that tax authorities are able to collect as taxable events take … Read More