BT-120

VAT exemption reason text

Raw

Free text explaining why no VAT is charged (e.g. "Reverse charge"). Required for categories E, AE, G and K (alternatively code BT-121); forbidden for S and Z.

Where does it live in the XML?

UBL (XRechnung)
cac:TaxTotal/cac:TaxSubtotal/cac:TaxCategory/cbc:TaxExemptionReason
CII (XRechnung, ZUGFeRD, Factur-X)
ram:ApplicableTradeTax/ram:ExemptionReason

Part of BG-23 VAT breakdown

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← All EN 16931 terms
Semantics: EN 16931-1. Simplified explanation in our own words — the norm is authoritative.