TIA Tax Information and Amount
To specify the tax information and/or amount and to be used for tax information only as established by taxing authorities.
Position
Element
Name
Type
Requirement
Min
Max
Repeat
Identifying number for Tax Information Field
Monetary amount.
R0203040607: At least one of TIA-02, TIA-03, TIA-04, TIA-06 or TIA-07 is required
Data in fixed format agreed upon by sender and receiver.
TIA03 is tax data as defined by taxing authorities established by the code in TIA01.
Numeric value of quantity.
C0405: If TIA-04 is present, then TIA-05 is required
Code specifying the units in which a value is being expressed, or manner in which a measurement has been taken
Percentage expressed as a decimal
E0607: Only one of TIA-06 or TIA-07 may be present
Monetary amount.
TIA07 is a tax rate expressed as a flat fee.