Not possible to determine tax rate for tax code &

What causes this issue?

An error occurred during the determination of the tax rate for tax code
&V1& (where applicable, with tax jurisdiction code &V3&) for company
code &V2&.
The exact source of the error is not known at this point. You will find
this in a previous step when the tax code &V1& first occurs (where
applicable, with tax jurisdiction code &V3&).
Possible reasons:

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Tax code is invalid
Country data faulty (table T005)
Tax jurisdiction code wrongly maintained
Company code data faulty

System Response

How to fix this error?

If necessary, contact your system administrator.

Error message extract from SAP system. Copyright SAP SE.