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    This document discusses retention at source, which is a mechanism by which taxpayers' tax obligations are gradually ensured in advance through withholding. For withholding at source to operate as income tax, there must be an economic transaction between two parties - a withholding agent who pays, and a taxpayer who receives income. The withholding agent is obligated to withhold taxes from payments to the taxpayer at the time of payment or credit into the taxpayer's account. The withholding amount is determined by applying the withholding tax rate to the payment or credit amount.

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    LET'S TALK ABOUT (3)

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    This document discusses retention at source, which is a mechanism by which taxpayers' tax obligations are gradually ensured in advance through withholding. For withholding at source to operate as income tax, there must be an economic transaction between two parties - a withholding agent who pays, and a taxpayer who receives income. The withholding agent is obligated to withhold taxes from payments to the taxpayer at the time of payment or credit into the taxpayer's account. The withholding amount is determined by applying the withholding tax rate to the payment or credit amount.

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    8 views1 page

    Let's Talk About

    Uploaded by

    leady
    This document discusses retention at source, which is a mechanism by which taxpayers' tax obligations are gradually ensured in advance through withholding. For withholding at source to operate as income tax, there must be an economic transaction between two parties - a withholding agent who pays, and a taxpayer who receives income. The withholding agent is obligated to withhold taxes from payments to the taxpayer at the time of payment or credit into the taxpayer's account. The withholding amount is determined by applying the withholding tax rate to the payment or credit amount.

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    of 1

    LET'S TALK ABOUT

    RETENTION AT THE
    SOURCE
    CONCEPT
    MECHANISM THROUGH WHICH
    THE NATION AND THE
    MUNICIPALITIES AS ACTIVE
    SUBJECTS ENSURE PART OF THE
    TAXPAYER'S TAX OBLIGATION IN
    ADVANCE.
    IT IS COLLECTED BY THE
    WITHHOLDING AGENTS

    HOW DOES WITHHOLDING


    AT SOURCE OPERATE?
    FOR WITHHOLDING AT SOURCE AS INCOME TAX
    TO OPERATE, SEVERAL PREMISES MUST BE MET:
    ARTICLE 367 OF THE ET. PURPOSE OF
    WITHHOLDING AT SOURCE. THE PURPOSE OF
    WITHHOLDING AT SOURCE IS TO GRADUALLY
    ENSURE THAT THE TAX IS COLLECTED AS MUCH
    AS POSSIBLE WITHIN THE SAME TAXABLE YEAR IN
    WHICH IT IS INCURRED.

    #1 #2 #3
    THERE MUST BE AN THE WITHHELD MUST BE A THE WITHHOLDING AGENT IS THE
    ONE WHO PAYS, THAT IS, THE ONE
    ECONOMIC TRANSACTION TAXPAYER OF INCOME TAX WHO BUYS.
    BETWEEN TWO DIFFERENT THE WITHHELD MUST BE THE ONE REGARDING THE CONCEPT OF
    PEOPLE WHO SELLS OR PROVIDES THE ECONOMIC TRANSACTION, THE
    SERVICE, THAT IS, THE ONE WHO LAW EXPRESSLY QUALIFIES THE
    OBLIGATION TO CARRY OUT
    RECEIVES THE INCOME.
    RETENTION.

    OTROS USOS ELEMENTS OF


    DEL PERIÓDICO RETENTION AT SOURCE
    4. WITHHOLDING BASE: IT
    IS THE VALUE OF THE
    1.PASSIVE SUBJECT:IT IS PAYMENT OR ACCOUNT
    THE PERSON OR ENTITY 3. PAYMENT OR CREDIT CREDIT ON WHICH THE
    BENEFICIARY OF THE INTO ACCOUNT: RATE MUST BE APPLIED TO
    PAYMENT OR ACCOUNT DETERMINES THE MOMENT OBTAIN THE AMOUNT TO
    CREDIT, AFFECTED BY IN WHICH THE BE WITHHELD.
    THE WITHHOLDING. WITHHOLDING IS 5. RATE: IT IS THE
    2. RETAINING AGENT:IT IS UNDERSTOOD TO HAVE ARITHMETIC FACTOR
    THE PERSON OR ENTITY BEEN CAUSED IN THAT, APPLIED TO THE
    OBLIGED TO MAKE THE ACCORDANCE WITH THE BASE, DETERMINES THE
    WITHHOLDING AT THE LEGAL CRITERIA AMOUNT OR VALUE TO BE
    TIME OF PAYMENT OR RETAINED.
    CREDIT INTO ACCOUNT.

    RETENTION AGENTS (ART. 368, 368-1 E.T)


    *NATURAL OR LEGAL PERSONS ($ ILLIQUID INHERITANCES AND DE FACTO
    COMPANIES PUBLIC ESTABLISHMENTS.
    736.650.000) (30.000 UVT) (ART. 368-2
    ANY PERSON EXPRESSLY INDICATED IN THE ALL STATE AGENCIES AND
    E.T.) LAW OR REGULATIONS. AGENCIES TO WHICH THE
    *PUBLIC LAW ENTITIES THE NATION, THE DEPARTMENTS, THE
    LAW GRANTS THE CAPACITY
    INVESTMENT FUNDS, SECURITIES FUNDS CAPITAL DISTRICT, THE MUNICIPALITIES,
    RETIREMENT AND DISABILITY PENSION ASSOCIATIONS OF MUNICIPALITIES, TO ENTER INTO CONTRACTS
    FUNDS METROPOLITAN AREAS, THE NOTARIES
    *SOLE PROPRIETORSHIPS
    CONSORTIA AND TEMPORARY UNIONS
    ORGANIZED COMMUNITIES

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