What is valid? ○ Tax rate ties together the information you have defined for a Zone Definition and a Tax Class to trigger the different rate of a sales tax. Tax rate ties together buyer's shipping address and payment to trigger the different rate of a sales tax. Tax class defines the percentage of a product's retail price or shipping charges that should be collected as different rate. A Tax Class allows one group for all product so that every product can be taxed the same rate
What is valid? ○ Tax rate ties together the information you have defined for a Zone Definition and a Tax Class to trigger the different rate of a sales tax. Tax rate ties together buyer's shipping address and payment to trigger the different rate of a sales tax. Tax class defines the percentage of a product's retail price or shipping charges that should be collected as different rate. A Tax Class allows one group for all product so that every product can be taxed the same rate
Chapter25: Taxation Of International Transactions
Section: Chapter Questions
Problem 4RP
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Transcribed Image Text:QUESTION 15
What is valid?
○ Tax rate ties together the information you have defined for a Zone Definition and a Tax Class to trigger the different rate of a sales tax.
Tax rate ties together buyer's shipping address and payment to trigger the different rate of a sales tax.
Tax class defines the percentage of a product's retail price or shipping charges that should be collected as different rate.
○ A Tax Class allows one group for all product so that every product can be taxed the same rate
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