2.3.5 Build an Issuer Tax Scheme

When building an Issuer tax class, you associate it with a Rate Code, and not a Tax Rule. (A code uniquely identifies a rate value.) You can group the Issuer tax classes that you have built into an issuer tax scheme. When maintaining a security product, you can associate it with an issuer tax scheme that you have built. Issuer taxes for securities associated with the product will be calculated, by default, according to the issuer tax components built into the scheme.