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Former Member
Dec 05, 2008 at 11:54 PM

Tiered Tax calculation for Sales tax

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Dear Experts,

Can someone guide me how to configure the following tax code:

For the 1st 5K, the tax rate should be 6.5%; and

For any remaining amt. above 5K, it should be 6%.

How can I configure the above. It is an output tax (Sales).

Any guidance would be highly appreciated.

Thanks and regards,

~Vishal Thakur.