Telecommunications
Withholding Tax on International Settlements
Withholding tax on interconnect settlement payments to foreign operators.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Interconnect Payable (Foreign Operator) | Liability (-) | 50,000.00 | - |
| Withholding Tax Payable (ISTD) | Liability (+) | - | 2,500.00 |
| Cash / Bank | Asset (-) | - | 47,500.00 |
💡 Accountant's Note
Payments to foreign telecoms for interconnect, roaming settlement, and capacity leasing may be subject to withholding tax. Applicable rate depends on double taxation treaties between Jordan and the counterparty's country.
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