VAT Classification
- Excluded goods and services: goods and services categorized according to the tariff nomenclature as excluded and have no VAT rate.
- Exempt goods and services: goods and services classified according to the tariff nomenclature as exempt with a 0% rate.
- Taxed goods and services: goods and services catalogued according to the tariff nomenclature as Taxed with rates assigned annually by the Government.
According to this classification it is essential to classify the VAT codes in order to generate detailed reports.
Fields:
- Country: Code and description of the country to which the VAT code was assigned.
- Fiscal Code and description: VAT code created and its description.
- VAT Type: Classification of the VAT code as appropriate; Excluded, Exempt, Taxed or no cause.
| lpcol01110m000 | Tax Codes by Country – Additional Data Colombia | Localization/Colombia/Master Data/Withholding Management / Tax Codes by Country – Additional Data Colombia |
