BT-121

VAT exemption reason code

Raw

Machine-readable alternative to BT-120 from the VATEX code list (e.g. VATEX-EU-AE for reverse charge). Either the code or the text suffices; both together are allowed.

Where does it live in the XML?

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

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.