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VatFlag
See below for required and prohibited offers.
Indicates whether the value of the
Price
parameter includes theVAT
.When you register your electronic store, Transact asks you to choose one of the following taxation settings:
No Tax
,Sales Tax
, orVAT
. You must setVatFlag
if you selectedVAT
(value-added tax) as the taxation mode.VatFlag
is prohibited if you selectedNo Tax
orSales Tax
as the taxation mode.
- Setting
VatFlag
to0
indicates the value ofPrice
includes VAT.
- Setting
VatFlag
to1
indicates the value ofPrice
does not include VAT.
- Setting
VatFlag
to2
indicates this item is exempt from VAT.
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Oracle Miscellaneous Reference
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