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Assigned formula number is not valid for tax type xx

After the HCM Support Pack Upgrade to 604.53

Error:

From PA30 – Assigned formula number is not valid for tax type xx

Solution:

Apply the following note

SAP Note 1767619 – IT0235: Formula number error message when creating infotype

Refer the following note for additional information
1754787 – Error message ‘No entries selected’ when trying to save IT0235

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