(FRA) Defining Business Tax by Location
Use the Business Tax by Location (ASSET_LOC_RATE) component to define business tax by location.
PeopleSoft Asset Management enables you to store tax rates by location. These tax rates are used to calculate and report business tax assessed on the gross value of fixed assets. This taxation method is used in global settings, especially France.
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Page Name |
Definition Name |
Usage |
|---|---|---|
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Asset Loc Rate |
ASSET_LOC_RATE |
Enter and store tax rates by location. Rates are used to calculate and report a business tax assessed on the gross value of fixed assets in some countries, especially France. |