Trade notes division data by stamp tax tariff

For each business partner, you can indicate the trade notes division data in the Pay-by Business Partner (tccom4114s000) session, for the following:

Stamp tax tariffs
If you must pay stamp tax on trade notes, you can set up stamp tax as described in Stamp tax.

Division data by stamp tax tariff

If the business partner does not supply predetermined values for the trade note division, you can set up the optimal trade note division to minimize the amount of stamp tax to be paid.

In some countries, the stamp tax on a trade note is determined based on a graduated calculation table, for example:

Up to Trade Note Amount	Stamp Tax Amount
10,000 EUR	2 EUR
100,000 EUR	20 EUR
1,000,000 EUR	200 EUR

Stamp tax amounts are expressed in the local currency.

Note

Stamp tax is usually either gradually decreasing or linear. In other words, as the trade note amount increases, the tax percentage is either fixed or decreasing. As a consequence, when trade notes are split, trade notes must always be generated for the highest possible trade note amount.

To save on the stamp tax to be paid, you can calculate the optimal structure of the number of trade notes and their denominations.

For example, if the amount to be paid is 40,000 EUR, you can do one of the following:

Issue one trade note of 40,000 EUR and pay 20 EUR stamp tax.
Issue 5 trade notes of 8,000 EUR and pay 5 *2 = 10 EUR stamp tax.