What is original year in SAP CYT - Capital Yield Tax?

SAP Term: original year

• Component: CYT

• Component Name: Capital Yield Tax

• Description: Tax year to which a posting would be assigned if all tax years were available for selection.

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• Key Concepts: 
  Original year is a term used in the context of the CYT Capital Yield Tax (CYT) component of SAP. It refers to the year in which the capital yield tax was first calculated. This calculation is based on the original value of the asset, which is determined by the original purchase price and any subsequent adjustments. 
  
  How to use it: 
  The original year is used to determine the amount of capital yield tax that must be paid on an asset. The amount of tax due is based on the original purchase price and any subsequent adjustments, as well as the current market value of the asset. The original year is also used to calculate depreciation and amortization for an asset. 
  
  Tips & Tricks: 
  When calculating capital yield tax, it is important to ensure that the original year is correctly identified. This will ensure that the correct amount of tax is paid and that any depreciation or amortization calculations are accurate. 
  
  Related Information: 
  For more information on capital yield tax and how it is calculated, please refer to SAP's official documentation on CYT Capital Yield Tax.