How can we define tax for two regimes in one BU?
Hi Community, please can i get some help
We have a Business unit 'UK_BU' and within the business unit we have UK legal entities which we have defined a GB VAT regime. We also have some entities that are located in Jersey (Channel Islands) and we have defined a JE GST regime for them.
In Manage Party tax profiles, we disabled the BU assignment and selected 'use legal entity tax subscription'. We added the legal entities to the tax regimes individually as first party legal entities. and the Business unit assignment we have end dated 'Business unit owning tax content'
We have a Business unit 'UK_BU' and within the business unit we have UK legal entities which we have defined a GB VAT regime. We also have some entities that are located in Jersey (Channel Islands) and we have defined a JE GST regime for them.
In Manage Party tax profiles, we disabled the BU assignment and selected 'use legal entity tax subscription'. We added the legal entities to the tax regimes individually as first party legal entities. and the Business unit assignment we have end dated 'Business unit owning tax content'
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