Define Municipal Property Tax-Rate Limits per Category
Customizing Activity
V_TIVXCPTTAXLIM
Define Municipal Property Tax-Rate Limits per Category
Document
Document Class
SIMG
Hypertext: Object Class - Class to which a document belongs.
Document Name
V_TIVXCPTTAXLIM
Use
In this IMG activity, you must define the minimum and maximum limits for tax rates for the tax categories defined by law. The limits are required for controlling the tax rates defined in the IMG activity Define Municipal Property Tax Rate.
Requirements
Standard settings
Activities
Proceed as follows:
Specify the tax category (mandatory).
If required, enter the relevant calendar year.
Enter the minimum and maximum limits (values) that are defined by law, noting the following:
If the values are equal, enter the same value in both columns
If you enter a tax category, but you do not specify any values, the system considers it as zero. In this case, you are not allowed to enter a tax rate other than zero in the IMG activity Define Municipal Property Tax Rate.
If you do not enter a tax category, you are allowed to enter any tax rate specified by the municipality in the IMG activity Define Municipal Property Tax Rate. This means that the tax rate is not limited.
If you do not specify any year, the tax rate limits will be valid for every year. If you enter the same tax category with a year in another row, the limits without the year will be valid until the defined year in this row.
You can also enter the same tax category with different years and different tax rate limits in separate rows. In this case, the defined limit for the earlier year is valid until the next defined year in chronological order.
Hierarchy 
EA-FIN (Software Component) EA-FIN
FI-LOC (Application Component) Localization
GLO_REFX_PT (Package) Localization Flexible Real Estate Portugal
IMG Activity 
Document 
History 
