Withholding Tax

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Non-Resident Withholding Tax (NRWT)

In Qbyte CS Land withholding tax will be applicable based on the address country for the Lessor . When applicable for a Lessor, you must specify on each Mineral or Surface Lease whether it is calculated as Gross or Net.

• Gross: The system grosses up the rental amount by the withholding tax amounts 

• Net: The system deducts the withholding tax amount from the lessor’s rental amount

If Qbyte CS Land and Qbyte Financial are not integrated the withholding tax percentage is maintained in the Country Code table. 

If Qbyte CS Land and Qbyte Financial are integrated, discuss with your Qbyte Financial team the setup that is required in Qbyte Financial specific to Withholding Tax:

• In Qbyte Financial, the Withholding Tax Payee must be set up and the Default Payee defined.

• Withholding Tax percentage is maintained in the Qbyte Financial Tax Rate table.

No other setup or configuration is required in Qbyte CS Land. The Lease Rental Cheque process is run as normal.