1.7.4 Maintain Rate Codes and their Values

A Tax Rate Code identifies the rate that applies to an issuer tax. For instance, you can create a rate code and specify the rate values for different Effective Dates, in the Tax Rate Maintenance screen. When building an Issuer Tax component, say Issuer_01, in the Tax Class Maintenance screen, you only need to specify the Rate Code that should apply. For all securities associated with Issuer_01, the rates corresponding to the code will be picked up.

Specify User ID and Password and login to Home screen.

1. On Home screen, type TADTRRCD in the text box, and click next.
   Treasury Tax Rate Code Maintenance screen displays.

   Figure 1-9 Treasury Tax Rate Code Maintenance

   
   Description of "Figure 1-9 Treasury Tax Rate Code Maintenance"
2. On Treasury Tax Rate Code Maintenance screen, specify the fields.

   Note:

   The fields which are marked in red asterisk are mandatory.

   For more information on fields, refer to the field description table.

   Table 1-16 Treasury Tax Rate Code Maintenance - Field Description

   Field	Description
   Rate Code	Since tax rates would vary across markets, you can define rate codes specific to markets (countries).
   Rate Code Description	Enter a brief rate code description.
   Country Code	Select the country code from the option list.
   Country Code Description	The system displays the contry code description.

3. Click the Exit button to close the screen.