Tax Setup for the new company within existing Tax regime
Hello,
I have the EB Tax requirement as below:
There is an existing Tax Setup for a country in EU (having 2 operating units) and a new company is acquired by the parent company. So there is a new operating unit for the acquired company with new tax rates and tax recovery rates. There are existing Tax Rules based on Tax Status and Tax Rates. My questions are :
- Do I need to define a new Tax Regime to Rate (with Rules) structure for the new acquired company? OR
- Can I use the existing Tax Status Rules to accommodate the new operating unit?