Create Tax Region – A summary of the activity

This activity allows you to create tax regions. You can also map the regions you created to the warehouses in those regions.

Tax region is where the tax declaration needs to be made. For example tax region may be a country or a Zone. You can assign a factory as a tax region in respect of excise tax. Tax regions are defined for a company and linked to the tax community. This link would automatically enable calculations and tax rules applicable to a tax community.

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