Exceptions by Tax Codes (lpesp0102m000)

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

Exclude

Exempt

Non-Taxable

Export

Import

Customs

IC Acquisitions

IC Sales

IGIC

Reverse Charge

Reverse Charge Other

Leasing / Renting

Special Cash Regime

One Stop Shop (OSS)

Import One Stop Shop (IOSS)

Leasing/Renting Excluding Withholding

Not Applicable

Note: For the tax exception Leasing / Renting, additional information of rental operations data is defaulting of the Operation Type 12 for Purchase and 13 for Sales.

For the tax exception Leasing/Renting Excluding Withholding additional information of rental operations data is defaulting of the Operation Type 12 for Purchase and 13 for Sales.

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.

Sales Withholding

Indicates whether the sales withholding is applicable for the tax code of the Spanish localization.

Note: This field is enabled only if:

• The Tax Exception field is set to Exclude.
• The VAT Based on field is set to Not Applicable.
• The Fixed Asset check box is cleared.