TAX exemption reason text

A textual statement of the reason why the amount is exempted from TAX or why no TAX is being charged.

About

Id
SB-IBT-186
Cardinality
0..1
Element
cbc:TaxExemptionReason
Namespace
urn:oasis:names:specification:ubl:schema:xsd:CommonBasicComponents-2
Section
Aligned
Business Term
IBT-186 - TAX exemption reason code
Example value
Exempt