What is date of notification of an instruction in SAP CYT - Capital Yield Tax?

SAP Term: date of notification of an instruction

• Component: CYT

• Component Name: Capital Yield Tax

• Description: The date on which an instruction from a customer is received by a financial services provider. This date is independent of the valid-to and valid-from dates of an instruction.

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• Key Concepts: 
  The date of notification of an instruction is the date on which the instruction is sent to the relevant tax authority. This date is used to determine when the instruction will be processed and when the tax will be due. In the case of CYT Capital Yield Tax, this date is used to determine when the tax must be paid. 
  
  How to use it: 
  When filing a CYT Capital Yield Tax return, the taxpayer must provide the date of notification of an instruction. This date should be provided in the form of a calendar date or a fiscal year. The taxpayer should also provide any other relevant information that may be required by the tax authority. 
  
  Tips & Tricks: 
  It is important to ensure that the date of notification of an instruction is accurate and up-to-date. This will help to ensure that the tax is paid on time and that any penalties or interest are avoided. 
  
  Related Information: 
  For more information about filing a CYT Capital Yield Tax return, please refer to the relevant tax authority’s website or contact them directly.