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Re: How to post an interest accrual with WHT and consider its effect in the next interest posting?

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Hi Yusuf,

 

 

as far as I understand, withholding tax (WHT) is only paid at the moment when interest amount is actually paid out.

 

on the other hand, the accrual of interest represents recognized portion of interest (the total amount according to a contract), but not yet paid out - is it really mandatory to disclose the accrued part of WHT at every End of the Month?

 

 

Kind regards,

 

Renatas


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