What are VAT-related options?
In China, any business unit that issues VAT invoices is defined as a legal entity. This legal entity has one legal reporting unit. And this legal reporting unit is assigned a unique tax registration number.
You define VAT-related options for each legal entity and each legal reporting unit. VAT-related options include:
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Maximum invoice amount and maximum number of lines for each invoice type.
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Tax types for VAT invoices.
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Attributes for item classification.