﻿<?xml version='1.0' encoding='UTF-8'?><rss version="2.0" xmlns:dc="http://purl.org/dc/elements/1.1/"><channel><title>MySF Forums / MySF - The Application / The Wishlist  / Partial Distribution withholding tax / Latest Posts</title><generator>InstantForum.NET v4.1.4</generator><description>MySF Forums</description><link>http://mysf.com.au/members/</link><webMaster>info@mysf.com.au</webMaster><lastBuildDate>Fri, 10 Sep 2010 07:45:11 GMT</lastBuildDate><ttl>20</ttl><item><title>RE: Partial Distribution withholding tax</title><link>http://mysf.com.au/members/Topic3604-27-1.aspx</link><description>Hi,&lt;br&gt;&lt;br&gt;We are reviewing the dividend / distribution receipt and reinvestment processes to make them more user friendly and faster. We will try to include the functionality you have suggested in the next round of changes.&lt;br&gt;&lt;br&gt;Regards,&lt;br&gt;&lt;br&gt;MySF</description><pubDate>Tue, 30 Oct 2007 23:32:01 GMT</pubDate><dc:creator>MySF2</dc:creator></item><item><title>Partial Distribution withholding tax</title><link>http://mysf.com.au/members/Topic3604-27-1.aspx</link><description>Hi,&lt;/P&gt;&lt;P&gt;Several of my Trusts (offshore) deduct withholding tax at each distribution. These Trusts still send a final Tax Statement but when entering a Partial distribution prior to the receipt of the Tax statement there is no facility to reduce the income into the bank account by the amount of the withholding Tax.&lt;/P&gt;&lt;P&gt;Can there be a Tax Withheld field so that the Bank account remains correct. If a journal entry is made at the time of initial entry to CR Bank and DR Withholding Tax then you must remember not to re - enter the Withholding Tax when you complete the past distributions.  &lt;/P&gt;&lt;P&gt;Just a minor one but it may be a little complicated to achieve.&lt;/P&gt;&lt;P&gt;Regards,&lt;/P&gt;&lt;P&gt;Colin</description><pubDate>Mon, 29 Oct 2007 17:29:14 GMT</pubDate><dc:creator>ColinCam</dc:creator></item></channel></rss>