Maintain Tax Rule Parameters – A summary of the activity

This activity allows you to set or modify the tax rule parameters. Before defining Tax Rule Engines, the applicable tax parameters have to be defined for the Tax Type – Tax Community & date range. The Tax parameters available currently are: Tax Region, Assessee Type, Threshold Criteria, Tax Group, Tax Category & Tax Class. The parameters which will be used in Tax Rule Engine will have to be identified & a Rule Id has to be defined wherein the parameter option should be set to either Yes or No based on your requirements.