2.9.3 Specifying rollover tax details for the contract
While specifying rollover details for the contract, you should indicate the following:
You have specified for the product whether tax has to be applied on a rolled-over contract.
If you have opted to apply tax on the rolled-over contract, through this screen, you can waive it for the rolled-over contract.
If you have specified for the product that tax on the principal of rolled-over contracts should be liquidated, then this attribute applies to all the contracts involving the product. But through this screen, you can specify that tax (on the entire principal) should not be liquidated for a contract that you are processing.
If you have specified, for the product, that tax on the principal of rolled-over contracts should not be liquidated, then this attribute applies to all the contracts (involving the product). Through this screen, you can make tax applicable on the principal of the rolled-over contract.
Parent topic: A Note on Tax Processing for Rollovers