waza ,
go to Tcode OBCO : there you will see two procedures for country: US TAXUSJ and TAXUSX . J is procedure when you maintain the taxation manually , x is procedure when you use a third party software for taxes . In OBCO you have to give four LG(length) parameters at hierarchial levels , so you define length of tax code at country , county and city level . In India you need taxes at country and state level . In some country there is a possiblity that a corporation pays taxes at four levels (include districts hypothetically) . Hope these answers your why ....few things are the way they are ...and that includes laws of the land else we need to dig a lot of history which might not be relevant atleast on this forum...
regardz ...
alok
| | | ---------------Original Message---------------
From: wnash7658
Sent: Saturday, June 18, 2011 12:16 PM
Subject: Tax condition types in Pricing procedure
1. US uses tax jurisdictions to determine the tax rate in each tax authority (state, county, city, etc)
2. Why?
3. Show the website link
Regards
Waza |
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