1.7 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.

This topic contains the following sub-topics:

• Defining Transaction Level Taxes as Classes
  
• Define Issuer Taxes as Classes
  
• Define the Events and the Basis Amount
  
• Maintain Rate Codes and their Values
  
• Furnish the Rate Values for a Code
  
• Associate a Rate Code with an Issuer Class