GUI/VAT Special Tax Type (75T/SP)
You use GUI/VAT special tax type codes to specify a special tax that is applied to the transaction. You assign the special tax type code to customers the customer constants. The values in the Description 02 field are for information purposes only. The system does not use the percentages in the Description 02 field in calculations.
These codes must exist in the GUI/VAT Special Tax Type UDC table:
Codes |
Description 01 |
Description 02 |
Hard-Coded |
|---|---|---|---|
. |
Tax-exempt / Non-special Tax |
. |
Y |
1 |
Special Food, Beverage Service |
25 percent Providing Hostesses |
Y |
2 |
Special Food, Beverage Service |
15 percent Providing Show Programs |
Y |
3 |
Banking, Authorized Business |
2 percent |
Y |
4 |
Reinsurance Premiums |
1 percent |
Y |
5 |
Banking, Non-authorized Business |
5 percent |
Y |