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VatFlag
See below for required and prohibited offers.
Indicates whether the value of the
Priceparameter includes theVAT.When you register your electronic store, Transact asks you to choose one of the following taxation settings:
No Tax,Sales Tax, orVAT. You must setVatFlagif you selectedVAT(value-added tax) as the taxation mode.VatFlagis prohibited if you selectedNo TaxorSales Taxas the taxation mode.
- Setting
VatFlagto0indicates the value ofPriceincludes VAT.
- Setting
VatFlagto1indicates the value ofPricedoes not include VAT.
- Setting
VatFlagto2indicates this item is exempt from VAT.
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Oracle Miscellaneous Reference
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