A coded statement of the reason for why the amount is exempted from VAT.

Cardinality
0..1
Namespace
cbc urn:oasis:names:specification:ubl:schema:xsd:CommonBasicComponents-2
Data type
Text
Business terms
BT-121
Rules
Identifier/Error message Flag
BR-CL-22
Tax exemption reason code identifier scheme identifier MUST belong to the CEF VATEX code list
fatal
BR-S-10
A VAT breakdown (BG-23) with VAT Category code (BT-118) "Standard rate" shall not have a VAT exemption reason code (BT-121) or VAT exemption reason text (BT-120).
fatal
BR-Z-10
A VAT breakdown (BG-23) with VAT Category code (BT-118) "Zero rated" shall not have a VAT exemption reason code (BT-121) or VAT exemption reason text (BT-120).
fatal
BR-E-10
A VAT breakdown (BG-23) with VAT Category code (BT-118) "Exempt from VAT" shall have a VAT exemption reason code (BT-121) or a VAT exemption reason text (BT-120).
fatal
BR-AE-10
A VAT breakdown (BG-23) with VAT Category code (BT-118) "Reverse charge" shall have a VAT exemption reason code (BT-121), meaning "Reverse charge" or the VAT exemption reason text (BT-120) "Reverse charge" (or the equivalent standard text in another language).
fatal
BR-IC-10
A VAT breakdown (BG-23) with the VAT Category code (BT-118) "Intra-community supply" shall have a VAT exemption reason code (BT-121), meaning "Intra-community supply" or the VAT exemption reason text (BT-120) "Intra-community supply" (or the equivalent standard text in another language).
fatal
BR-G-10
A VAT breakdown (BG-23) with the VAT Category code (BT-118) "Export outside the EU" shall have a VAT exemption reason code (BT-121), meaning "Export outside the EU" or the VAT exemption reason text (BT-120) "Export outside the EU" (or the equivalent standard text in another language).
fatal
BR-O-10
A VAT breakdown (BG-23) with VAT Category code (BT-118) " Not subject to VAT" shall have a VAT exemption reason code (BT-121), meaning " Not subject to VAT" or a VAT exemption reason text (BT-120) " Not subject to VAT" (or the equivalent standard text in another language).
fatal
BR-IG-10
A VAT breakdown (BG-23) with VAT Category code (BT-118) "IGIC" shall not have a VAT exemption reason code (BT-121) or VAT exemption reason text (BT-120).
fatal
BR-IP-10
A VAT breakdown (BG-23) with VAT Category code (BT-118) "IPSI" shall not have a VAT exemption reason code (BT-121) or VAT exemption reason text (BT-120).
fatal
PEPPOL-EN16931-P0104
Tax Category G MUST be used when exemption reason code is VATEX-EU-G
fatal
PEPPOL-EN16931-P0105
Tax Category O MUST be used when exemption reason code is VATEX-EU-O
fatal
PEPPOL-EN16931-P0106
Tax Category K MUST be used when exemption reason code is VATEX-EU-IC
fatal
PEPPOL-EN16931-P0107
Tax Category AE MUST be used when exemption reason code is VATEX-EU-AE
fatal
PEPPOL-EN16931-P0108
Tax Category E MUST be used when exemption reason code is VATEX-EU-D
fatal
PEPPOL-EN16931-P0109
Tax Category E MUST be used when exemption reason code is VATEX-EU-F
fatal
PEPPOL-EN16931-P0110
Tax Category E MUST be used when exemption reason code is VATEX-EU-I
fatal
PEPPOL-EN16931-P0111
Tax Category E MUST be used when exemption reason code is VATEX-EU-J
fatal