Reduce Rate
I need the following:
Reduce Rate
Scenario: Taxable Basis = Line Amount x (Rate x Reduced Rate Percentage)
Example:
Line Amount = 10000
Rate = 5%
Reduced Rate Percentage = -50%
Taxable Amount = Line Amount x (Rate - Reduced Rate Percentage)
= 10000 x (5% x -50%)
= 10000 x 2,5%
Tax Calculation = Taxable Amount x Rate%
= 10000 x 2,5%
Tax = 250
Is there a formula in the tax motor to achieve this calculation?
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