Example of taxes based on application

 Quoting from my last post( which can be read here)

"𝐓𝐡𝐞𝐫𝐞 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐭𝐚𝐱 𝐨𝐧 𝐭𝐡𝐞𝐬𝐞 𝐢𝐧𝐯𝐨𝐢𝐜𝐞𝐬. 𝐖𝐞 𝐧𝐞𝐞𝐝 𝐭𝐨 𝐩𝐚𝐲 𝐭𝐚𝐱 𝐨𝐧 𝐩𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐭𝐨 𝐯𝐞𝐧𝐝𝐨𝐫. Before paying the invoice with tax, there will be a validation phase during which, the tax vendor has put in, will be analysed. 𝐓𝐚𝐱𝐞𝐬 𝐯𝐚𝐫𝐲 𝐟𝐨𝐫 𝐧 𝐧𝐮𝐦𝐛𝐞𝐫 𝐨𝐟 𝐫𝐞𝐚𝐬𝐨𝐧𝐬. example invalid data, different place of usage etc."

A funny take on this recently surfaced on the internet after a court order on tax on pizza toppings. Which is an interesting example of varying taxes depending on application, as below,

Pizza sold and eaten within a restaurant - 5% GST
Pizza base bought separately - 12% GST
Pizza delivered at home - 18% GST
Pizza toppings - 18% GST

Read about the actual court order here: https://lnkd.in/gKknFv_M

#oracle #tax #sap #taxes #sabrix #onesource #work #indirecttax

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