Code specifying the type of tax.
Type
ID
Length
Max 2 / Min 2
Codes
<> CP
County/Parish Sales Tax
<> CS
City Sales Tax
<> CT
County Tax
<> FT
Federal Excise Tax
<> LS
State and Local Sales Tax
<> LT
Local Tax (All applicable sales taxes by taxing authority below the state level).
<> MT
Metropolitan Transit Tax
<> ST
State Sales Tax
<> VA
Value Added Tax
<> ZZ
Mutually Defined