Looking for some help with a tax code for Turkey.
we need to set up a tax code that does two separate calculations triggered by this one tax code.
Net Amount Charge = 100
Special Telecoms Tax of 15% of net = 100*15% = 15
VAT of 18% of net = 100*18% = 18
Gross Amount = 100 & 15 & 18
not sure how to set this up. has anyone done this kind of thing before?
Create a new tax code using tcode FTXP, within the tax procedure for Turkey. In the tax code activate two condition types. Assuming its output tax, activate MWAS and another condition type (if not existing create a new one lets say XXXX).
For MWAS condition type maintain rate as 15% and from level as 100 (i.e. net amount) and for the other condition type maintain rate as 18% and from level as 100.
In this way, the tax @ 15% and 18% will be calculated on the base amount.