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How to Setup a Taxable Basis Rule for Tax Compounding in R12 E-Business Tax (EBTax) (Doc ID 1063491.1)

Last updated on MAY 21, 2024

Applies to:

Oracle E-Business Tax - Version 12.0 and later
Information in this document applies to any platform.


E-Business Tax Information Center > Tax Rules > Note 1063491.1

This note was authored to document the steps required to adjust the taxable basis used when calculating tax.  The scenario used in documenting the solution outlined in this note stems from Case Study <Note 577996.1> on setting up tax for Canada.  More specifically the example is based upon the need to adjust the taxable basis for Quebec and Prince Edward Island when applying PST tax so that it includes the line amount + GST.

The steps used in this note can be followed as a general guideline for any taxable basis adjustment with modifications as needed.  Refer to the above mentioned case study to see more details about the Regime to Rate setup surrounding this example.

Note: No tax rules are being evaluated when entering tax lines manually. The standard formula is used for manual tax lines Tax Amount = Taxable Basis * Tax Rate.



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In this Document
 E-Business Tax Information Center > Tax Rules > Note 1063491.1
 1.  Adjusting the Taxable Basis To Compound Using a Tax Zone And Two Regimes
     a.  Tax Regime Setup
     b.  Tax Zone Setup
     c.  Set Up a Tax Formula
     d.  Tax Determining Factor Set
      e.  Tax Condition Set
     f.  Taxable Basis Rule (Expert)
     g.  Test Taxable Basis Calculation
 2. Adjusting the Taxable Basis Without Tax Zones
     a.  Set Up a Tax Formula
     b.  Tax Determining Factor Set
     c.  Tax Condition Set
     d.  Taxable Basis Rule (Expert)

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