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Two Tax Rates for Current Provision Calculation — Cloud Customer Connect
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Two Tax Rates for Current Provision Calculation

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edited Dec 16, 2020 5:06PM in Tax Reporting 6 comments

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Hi,

We have a requirement where we have two tax rate e.g. tax rate1 - 2.5% and tax rate2 - 2.575%.

The tax requirement is if Amount1 is higher than Amount2 then use tax rate 2.5% and if Amount2 is higher than Amount1 then use tax rate 2.575%.

The existing tax rate form allows us to enter a single tax rate at the entity level. Is there any way to achieve this requirement in TRCS?

 

 

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