Alternate Tax Rate/Area Assignment in Escalation Information

If you have enabled the alternate tax rate/area assignment functionality for the company of the building, the system retrieves the alternate tax rate/area when you add or modify escalation information. The system retrieves the alternate tax rate/area only when the tenant and building are in the European Union and an alternate tax rate/area is set up for the entities in the Alternate Tax Rate/Area Definition program (P40081).

If you change the building in a detail line, the system will retrieve the alternate tax rate/area based on the new building if the building is set up with an alternate tax rate/area definition. If you manually override the tax rate/area in a detail line, then the system does not retrieve the alternate tax rate/area when you change the value for the building.

See also: Alternate Tax Rate/Area Assignments for Real Estate Management