R12: How To Create A Tax Formula That Caps Taxable Basis
(Doc ID 1499829.1)
Last updated on FEBRUARY 14, 2019
Applies to:Oracle E-Business Tax - Version 12.0 and later
Information in this document applies to any platform.
How to create a Tax Formula that caps the Taxable Basis of a line to a certain amount.
For example in US, the Tennessee Single Article Tax calculates tax up to $1600 per article. Apparently this type of rule can't be set up in a Tax Formula. How should this be set up in this case.
To view full details, sign in with your My Oracle Support account.
Don't have a My Oracle Support account? Click to get started!
In this Document