Oracle R12 eBTax – UK Reverse Charge VAT
How does Oracle EBS Financials support UK Reverse Charge VAT on goods such as Computer Chips and mobile phones in UK?
Below is the Oracle solution for accomodating the requirement to charge a 0% reverse charge VAT amount for the sale of certain microchips sold within the UK. The issue that I currently see is that there is no where to be able to factor in the ability to only charge this tax if a certain threshold of say £5000 is met. I will be investigating this with Oracle and post any updates here.
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