You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Two Tax Rates for Current Provision Calculation

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



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?



Howdy, Stranger!

Log In

To view full details, sign in.


Don't have an account? Click here to get started!