Foreign Tax

 Hi fellow Tax friends,

I am configuring E-Business Tax for United Kingdom.  So I have set-up a GB VAT regime to rate flow which is fine.

The company I work for is also VAT registered in Norway and for a particular Customer we can charge Norweigen VAT.

This is how I have configured it.

1) Set-up a new Regime to Rate flow for Norway called NO VAT

2) Assigned the UK OU to this Regime

3) Ensured the Tax registration was allocated to the UK Legal establishment

4) Set-up a Fiscal classification code called FOREIGN TAX with a value of 'Norweigen Tax'

5) Assigned it to the Customer Bill To that we can charge Norweigen Tax