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Oracle Fusion Tax provides a single-point solution for managing your transaction and withholding tax requirements. In the Define Tax Configuration activity, you can manage the entire configuration and maintenance of tax content.Fusion Tax automates transaction tax calculation, tax determination, and tax reporting functions across business documents, such as sales invoices, purchase requisitions, purchase orders, and supplier invoices. Users can quickly configure transaction taxes according to local and international tax requirements.

 

Overview of Oracle Fusion Financials Cloud Tax:

 

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