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Definition
An indicator that the system uses to determine which taxes are to be covered by a report. All the tax classes needed are supplied with the system and must not be changed.
Use
The tax classes used in Chile are as follows:
Tax class |
Tax |
J3A |
Fuel tax (deductible) |
J3B |
Fuel tax (nondeductible) |
For Chile, you have to assign the two
process keys for the two different types of fuel tax (deductible and nondeductible) to separate tax classes. This information enables the system to distinguish between the fuel taxes when you prepare a copy of your purchase ledger.When you create a company code using the template for Chile, the system assigns the right tax classes to the process keys automatically. Otherwise, you can maintain the settings in Customizing for Financial Accounting, choose General Ledger Accounting ® Business Transactions ® Closing ® Reporting ® Statutory Reporting: Chile ® Maintain Tax Classes.
