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calculation of wealth tax

Former Member
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Dear All ,

How can i handle wealth tax in sap . as per my knowladge direct tax calculation except WHT can not be done automatically in SAP FICO.

Please guide me

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Answers (1)

Answers (1)

Former Member
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Dear Ramya,

can u explain the senario, that is the client requirement like when they want to calculate the wealth tax and what % .based on that we can give u the solution. this is related to country related.

Regards

radha

Former Member
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Dear,

In india On the assets owned by the assesse, required to pay 1% tax on net assessable wealth .