62 — Tax rate type
| Code | Description | History |
|---|---|---|
H
|
Higher rate
Specifies that tax is applied at a higher rate than standard |
+5 |
P
|
Tax paid at source (Italy)
Under Italian tax rules, VAT on books may be paid at source by the publisher, and subsequent transactions through the supply chain are tax-exempt |
+7 |
R
|
Lower rate
modified
Specifies that tax is applied at a lower rate than standard. In the EU, use code R for ‘Reduced rates’, and for rates lower than 5%, use code T (‘Super-reduced’) or Z (Zero-rated) |
+0 · ✎42 |
S
|
Standard rate | +0 |
T
|
Super-low rate
Specifies that tax is applied at a rate lower than the Lower rate(s). In the EU, use code T for ‘Super-reduced rates’, and for Reduced rates (5% or above) use code R (Lower rate). Only for use in ONIX 3.0 or later |
+42 |
Z
|
Zero-rated | +0 |