EDI 149 Notice of Tax Adjustment or Assessment

What is an EDI 149 Notice of Tax Adjustment or Assessment?

An EDI 149 Notice of Tax Adjustment or Assessment is an electronic document which is used for the following reasons by a tax authority:

• To convey a notice of adjustment to be made to a previous tax filing.
• To send a tax assessment notice due to the taxing authority.

The data contents and format of EDI 149 Notice of Tax Adjustment or Assessment are to be used within the EDI environment. It is divided into different segments and data elements and may include information related to tax rates.

Workflow for the Exchange of an EDI 149 Notice of Tax Adjustment or Assessment

An EDI 149 Notice of Tax Adjustment or Assessment transaction set is exchanged between tax authorities and taxpayers. Information exchanged using EDI 149 include tax adjustments and assessments performed by the taxing authority. The tax notice might also be a notice of warrant in case the tax is due to the taxing authority.

Stay EDI Compliant with EDIConnect

EDIConnect is designed to work with EDI X12 and EDIFACT transaction sets. With a built-in parser, validator, and transaction builder, EDIConnect simplifies the process of sending and receiving EDI messages, enabling seamless communication between trade partners and helping businesses achieve EDI compliance.