E-Business Tax (MOSC)

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How does Oracle Determine Tax Regime?

edited Aug 27, 2015 10:01AM in E-Business Tax (MOSC) 2 commentsAnswered

Say I have a Legal Entity and there are 5 European Tax regimes attached to the Legal Establishment.

a) Denmark Regine

b) Polish Regime

c) Sweden Regime

d) UK Regime .. and so forth.

When a transaction occurs. Say i create a Purchase order in UK operating unit, but the supplier site is in Denmark and goods are shipped to Poland. I would like the transaction to use the rules mentioned under the DK regime. How does Oracle default the Taxation country and determine which of the multiple regime it needs to follow?

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