What’s new in the SAP Localization Hub, Tax Service
The functional scope of the Tax Service has been extended with quite some additional enhancements to cover complex EU scenarios of indirect taxation processes for Belgium, Germany, Poland, Switzerland and the United Kingdom. Some examples are:
EU Supply of Services
VAT Registration Number
A set of rules and additional parameters have been added to the Tax Service to compute tax for a company or business partners with or without VAT establishments in multiple EU countries.
Call-Off Stock & Consignment Stock
This scenario describes how the Tax Service calculates taxes in the case of goods transfer as call-off stock or consignment stock. For the determination of the VAT calculation it is important to differentiate who controls access and who is in use of the stock.
This scenario describes how the Tax Service determines indirect tax Intra-EU sales transactions with a Consumer. This is relevant for when the consumer is in an EU country other than country from which the goods are sold.
In addition to the enhanced scope of the tax service new UIs have been built to visualize the API of the Tax Service with the Simulation UI and the Master Data Configuration in a user friendly and comprehensive view. More details are available in the Tax Service Documentation.
What is coming next?
New VAT for Kingdom of Saudi Arabia and United Arabic Emirates
Partner integration framework for Brazil
For more information please contact: firstname.lastname@example.org