FOLIO Ontology

Identification

IRI:
https://folio.openlegalstandard.org/R7InIIPkEsFj4mgSQmzIKyW
Label tax_on_tax
Preferred Label N/A
Identifier N/A
Alternative Labels

None

Definition

"""Tax-on-Tax"" is a situation where one or more taxes in a tax jurisdiction are based on the sum of the corresponding invoice line item totals AND any other tax amount previously applied to those line item totals. For example, formerly n both Quebec and Prince Edward Island Canada had specific taxes calculated on the sum of the line items plus the federal tax paid on those line items. "

Class Relationships

Sub Class Of

Is Defined By

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See Also

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Parent Class Of 0

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Class Hierarchy Visualization

Interactive graph showing class relationships - click on any node to navigate to that class

Additional Information

Metadata

Comment

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Description

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Notes

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Editorial Information

History Note

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Editorial Note

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Deprecated

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Source and Origin

No source or origin information available