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by Sachidanand Padgaonkar, SAP Senior Consultant, Infosys Technologies, Ltd. September 15, 2006
SAP Professional Journal/Financials – 

Tax is an integral part of every sales and purchase transaction, and each country treats tax in a different manner — from the Sales and Use Tax in the US, to the Value Added Tax in Europe, to the Goods and Services Tax in Canada and Australia. Each type of tax has its own set of rules and logic, and each type is booked in its own manner in the SAP system. This article explains the different types of tax models, and then takes you on a step-by-step tour of how to configure a tax computation in the SAP system — first entirely within the SAP system, and then incorporating external tax software — to help you configure the right type of computation for your own organization.