Entering content frameFunction documentation Tax on Sales/Purchases Locate the document in its SAP Library structure

Use

See Structure linkTaxes on Sales/Purchases, Sales Taxes and Additional Taxes.

Features

In Colombia, the main taxes on sales and purchases include:

Excise duty is levied on a number of products – for example, various alcoholic drinks and tobacco products – over and above VAT. A sample tax code (IC) is delivered (15% VAT + 40% excise duty).

When you create a company code using the template for Colombia, the system automatically makes sample settings for these taxes.

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