Hi Leena
The API is a reflection of the capabilities of the software - but the API definition does not specify how those capabilities should be implemented.
If your jurisdiction has simple tax rate legislation (e.g. fixed percentage VAT) you would probably calculate the tax internally. If the jurisdiction has complex tax rules (e.g. North America), you might use a tax engine.
Hope it helps.
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Jonathan Goldberg
Amdocs Management Limited
Any opinions and statements made by me on this forum are purely personal, and do not necessarily reflect the position of the TM Forum or my employer.
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Original Message:
Sent: Apr 24, 2020 14:00
From: Leena Jain
Subject: TMF620 - ProductOfferingPrice (POP) - Tax
Hi All,
I need some understanding on how TaxItem is calculated in ProductOfferingPrice, will taxRate be flat or in percentage like 20% or flat 20.0, and taxAmount is the 20% of "price". Below example provided in TM620 document.
"price": { "unit": "EUR", "amount": 50 },
"tax":
[ { "taxAmount":
{ "unit": "EUR",
"value": 10 },
"taxCategory": "VAT",
"taxRate": 20.0
} ]
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Leena Jain
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