Exceptions by Tax Codes (lpesp0102m000)
Use this session to view and maintain the tax code exception by tax country and tax code.
Field Information
- Tax Country
-
The tax country.
- Tax Code
-
The tax code.
- Tax Exception
-
The tax code exception defined by the Spanish Tax Authority
Allowed values
- Exempt
- Non-Taxable
- Export
- Import
- Not Applicable
- Customs
- IC Acquisitions
- IC Sales
- IGIC
- Exclude
- Reverse Charge
- Reverse Charge Other
- Leasing / Renting
- Special Cash Regime
- VAT Based on
-
The option to select whether VAT must be based on goods or services.
Allowed values
- Services
-
Scheme base is set to Service, when:
- item is not involved, for example, project installments, landed cost, freight and so on, OR
- the item is undergoing service, for example, service order, maintenance sales order and so on, OR
- the sales order or purchase order is related to a service item
- Goods
-
The scheme base is set to Goods for all sales and purchase transactions related to inventory items, such as, sale of goods using sales order, sales schedule, contract deliverables, part receipt and part delivery, purchase of goods.
- Not Applicable
- Exempt Reason
-
The reason code defined for the Code List Type set to Exempt Reason in the Code Lists (lpgen0110m000) session.
- Fixed Asset
-
This checkbox indicates if the tax code is used fo fixed asset transactions.