VAT Reporting Country

Hi -

While the new BU is set up with default VAT information, during creating an online item - there is a default error

"Warning -- Unable to determine the VAT Reporting Country (9060,313)

While performing VAT Defaulting we were unable to determine the VAT Reporting Country. Consequently all defaulting that depends on the VAT Reporting Country has not been performed.  You must enter a VAT reporting country.  You may then either recalculate VAT defaults or enter the missing VAT defaults manually."

Any suggestion what configuration is causing the default information to populate?

thanks

Ji