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

IBT-120

Cardinality

0..1

Section

Aligned

Name

TAX exemption reason text

Syntax binding

ubl:Invoice / cac:TaxTotal / cac:TaxSubtotal / cac:TaxCategory / cbc:TaxExemptionReason

Rules

IBR-SR-32: VAT exemption reason text (ibt-120) MUST occur maximum once.