tax_on_tax

tax_on_tax - """Tax-on-Tax"" is a situation where one or more taxes in a tax jurisdiction are based on the sum of the corresponding invoice line item totals AND any other tax amount previously applied to those line item totals. For example, formerly n both Quebec and Prince Edward Island Canada had specific taxes calculated on the sum of the line items plus the federal tax paid on those line items. "

Class Information

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tax_on_tax
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Definition and Examples

Definition
"""Tax-on-Tax"" is a situation where one or more taxes in a tax jurisdiction are based on the sum of the corresponding invoice line item totals AND any other tax amount previously applied to those line item totals. For example, formerly n both Quebec and Prince Edward Island Canada had specific taxes calculated on the sum of the line items plus the federal tax paid on those line items. "
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Deprecated
False

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