taxRate

Validations ASN.1 Parent Types

A tax rate associated with a Tax Type and Tax Rate Code.

The Tax Rate defines the rate applicable to the charge.  Due to the fact that the charge may not be invoiced until a later point in time and that some national legislations dictate that the tax rate applicable is determined by the invoice date, there is a possibility that the rate on the invoice may differ from the rate on the transfer.  However, the likelihood of this happening is extremely low.

The rate is given to 5 decimal places.

Conditionality: 

Mandatory within group Taxation except where the associated Tax Type indicates an absolute/fixed tax value when it must not be present.

Validations

Error Code	Context	Severity Level	Validation Description
10   20	Acctng   Acctng	Fatal   Fatal	Syntax error.   Value out of range.

 

TaxRateDefinition ::= [APPLICATION 216] SEQUENCE
{
    taxCode TaxCode OPTIONAL, -- *m.m.
    taxType TaxType OPTIONAL, -- *m.m.
    taxRate TaxRate OPTIONAL
}


Parent Types

TaxRateDefinition
Text extracted from GSMA TD57 standard