Understanding how Tax-Rates can be set up and used

Create a Tax-Rate

Follow these instructions to create tax-rates.

Compatibility

Tax-Rates is a new feature introduced September 2023 and will replace the previous model where the Tax-Rate was specified per each Product Offering's price.

Old Product Offerings having the Tax-Rate specified in its price are still valid and will use that Tax-Rate.

New Product Offerings requires that Tax-Rates are set up for the countries the offering will be sold in.

Customer Portal

1. Navigate to Tax-Rates

1. In the context menu (on top), select:
   • Customer
   • Business unit
2. Using service menu (on the left), navigate to:
   • MONETIZE -> TAX-RATES ![Customer Portal TAX-RATE Create]

2. Create a Tax-RATE

Press the CREATE in the Create New Tax-RATE box and set the below fields There are two ways, Tax-Rates can be created - Global or Countries specific

GLOBAL TAX RATE

• GLOBAL It needs to be ticked
• VAT% The VAT rate in percentage and if VAT is included in the PRICE or not.

COUNTRY SPECIFIC TAX RATE

• GLOBAL It needs NOT to be ticked
• AlLOWED COUNTRIES List of countries for which this tax-rate is applicable
• VAT% The VAT rate in percentage and if VAT is included in the PRICE or not.

VAT% field is mandatory in both cases.
Every tax-rate will have a unique Id.

Customer Portal TAX-RATE List

Individual rows will display tax rate of each country in ascending order of country-codes. Its possible to edit the countries and VAT rate Each country can have only one tax-rate defined, overlapping of countries are not allowed.

Notes

• At the time of purchase and renewal, geo-filtered or global tax-rates will be selected automatically