1 Build Tax Components

This topic contains the following sub-topics:

• Steps Involved in Processing Tax
  This topic describes the processing of tax.
• Maintain Tax Category
  This topic describes the systematic instruction to maintain tax category.
• Tax Rule Master Maintenance
  This topic describes the maintenance of tax rule master and summary of tax rule master details.
• Tax Rules
  This topic describes the processing of tax rules, tax calculation, exchange rate type, rounding details, tax application method, and tax slab.
• FATCA Withholding Rules
  This topic describes the FATCA withholding rules processing, defining system data elements, defining expression builder, and summary of FATCA withholding rules.
• Process FATCA Tax for Referred Transactions
  This topic describes the systematic instruction to process FATCA tax for referred transactions.
• Tax Components as Classes
  This topic describes how to define transaction level tax as classes, define events and basis amount, maintain rate codes, furnish, and associate rate code values with an issuer class.
• Tax Component Groups
  This topic describes the tax component groups into a scheme, define a money taxation scheme, and features of tax scheme.
• Tax Scheme to a Product Linkage
  This topic describes the how to link a tax scheme to a product, feature of the tax linkage definition, specify the currency details, surcharge, process tax on a contract, and process tax on MM contracts.