TRS Tax Rate

To provide information for a change in filing requirements for a particular tax type

Position: TRS-01 · Element: 306 · Name: Action Code · Type: Identifier (ID) · Requirement: Mandatory · Min: 1 · Max: 2 · Repeat: -

Code indicating type of action.

Position: TRS-02 · Element: 369 · Name: Free-form Description · Type: String (AN) · Requirement: Optional · Min: 1 · Max: 45 · Repeat: -

Free-form descriptive text.

TRS02 is used for class of goods or services.

Position: TRS-03 · Element: 954 · Name: Percent · Type: Decimal number (R) · Requirement: Optional · Min: 1 · Max: 10 · Repeat: -

Percentage expressed as a decimal

TRS03 is used for the tax rate.

Position: TRS-04 · Element: 1073 · Name: Yes/No Condition or Response Code · Type: Identifier (ID) · Requirement: Optional · Min: 1 · Max: 1 · Repeat: -

Code indicating a Yes or No condition or response.

TRS04 is used to indicate that the tax rate applies within jurisdiction (resident) (Y) or outside of jurisdiction (non-resident) (N).

Position: TRS-05 · Element: 1499 · Name: Rate Application Code · Type: Identifier (ID) · Requirement: Optional · Min: 2 · Max: 2 · Repeat: -

Code identifying the location at which the tax rate is applied