E-Biz Tax
Is a new Product
UK VAT
DE: GST
US Use Tax/ Sales tax
India: India Localization
TDS is managed through Global Flex Field
Self Accessed Tax in AP
Establishments: Multiple for single authority
Deferred Tax in AP:
Regime to Rate Flow:
Authority =>
Regime => like UK VAT Type of Tax
Tax => Like Sales Tax at City/State/County, Tax on Tax, Tax and Edu cess
Tax Status => defaulting happens thru this
Tax Rate=>
Tax Authority
Tax Jurisdiction
Tax Manager
Define Tax
Click on regime to rate flow
Click on create Tax
Tax Rate Details
Define Tax Jurisdiction
Define Tax Rules
Determine Place of Supply
Determine Tax Applicability
Determine Taxable Basis
Tax simulator
Oracle Tax Simulator is used to test the tax code created
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