150 Tax Rate Notification

Functional Group TN

X12F Finance Subcommittee

This Draft Standard for Trial Use contains the format and establishes the data contents of the Tax Rate Notification Transaction Set (150) for use within an Electronic Data Interchange (EDI) environment. This transaction set can be used by taxing authorities to electronically transmit information concerning tax rates.

Heading

Position
Segment
Name
Max use
0100
Transaction Set HeaderMandatory
Max 1
To indicate the start of a transaction set and to assign a control number
0200
Beginning SegmentMandatory
Max 1
To indicate the beginning of a transaction set
0300
NameMandatory
Max 1
To identify a party by type of organization, name, and code
The N1 segment is used to identify the name of the taxing authority.
0500
Address InformationOptional
Max 2
To specify the location of the named party
0600
Geographic LocationOptional
Max 1
To specify the geographic place of the named party
0700
Administrative Communications ContactOptional
Max 2
To identify a person or office to whom administrative communications should be directed
0800
Date or Time or PeriodOptional
Max 1
To specify any or all of a date, a time, or a time period
The DTP segment is used for the tax rate effective date or period for the entire notification.

Detail

Position
Segment
Name
Max use
TFS Loop
Repeat 1000
0100
Tax FormMandatory
Max 1
To indicate the tax form or the type of tax form being reported
0200
Date or Time or PeriodOptional
Max 1
To specify any or all of a date, a time, or a time period
The DTP segment is used for the tax rate effective date or period for a particular tax form.
TRS Loop
Repeat 100000
0220
Tax RateMandatory
Max 1
To provide information for a change in filing requirements for a particular tax type
0230
Monetary AmountOptional
Max 10
To indicate the total monetary amount
0240
QuantityOptional
Max 10
To specify quantity information
N1 Loop
Repeat 1000
0250
NameMandatory
Max 1
To identify a party by type of organization, name, and code
The N1 segment denotes the jurisidiction for which the specified tax rate applies.
0260
Date or Time or PeriodOptional
Max 1
To specify any or all of a date, a time, or a time period
The DTP segment is used for the tax rate effective date or period for a particular tax rate for a jurisdiction.
FGS Loop
Repeat 1000
0300
Form GroupMandatory
Max 1
To provide information for a section or data group in a form or schedule
0400
Date or Time or PeriodOptional
Max 1
To specify any or all of a date, a time, or a time period
The DTP segment is used for the tax rate effective date or period for a particular subset of a tax form.
TRS Loop
Repeat 100000
0500
Tax RateMandatory
Max 1
To provide information for a change in filing requirements for a particular tax type
0600
Monetary AmountOptional
Max 10
To indicate the total monetary amount
0700
QuantityOptional
Max 10
To specify quantity information
N1 Loop
Repeat 1000
0800
NameMandatory
Max 1
To identify a party by type of organization, name, and code
The N1 segment denotes the jurisdiction for which the specified tax rate applies.
0900
Date or Time or PeriodOptional
Max 1
To specify any or all of a date, a time, or a time period
The DTP segment is used for the tax rate effective date or period for a particular tax rate for a jurisdiction.
1000
Transaction Set TrailerMandatory
Max 1
To indicate the end of the transaction set and provide the count of the transmitted segments (including the beginning (ST) and ending (SE) segments)

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