How You Use Customer Tax Profiles

Use the tax profile to maintain optional tax information about your customers and customer sites. You create third-party tax profiles using Oracle Tax, and you can update these tax profiles for the applicable customer or customer site.

Receivables doesn't populate a customer site record with the tax profile belonging to the customer record. You must define a separate tax profile for each customer site, according to the requirements of the site. Tax profile records defined at the customer site level take precedence over the tax profile record defined at the customer level.

For example, a customer level tax profile might not include tax exemptions. However, one of the related customer sites may be located in a developing country or region, where tax incentives for businesses include tax exemptions on specific products or services. In this case, you should define and maintain a separate tax profile for this customer site.