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TAX CALC ROUTINE PROCESSING
- cemtezer
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12 years 1 month ago #13901
by cemtezer
TAX CALC ROUTINE PROCESSING was created by cemtezer
Hi my friends,
I want to create a routine that is for tax calc routine, but i have not found an information about this yet. Does anyone have an example for tax calc routine. this routine will run related with MM tax.
Because our rollover MM Contract's tax calculation is different. i mean our MM tax calculation according to the period(ex: 1M-3M %18, 3M-6M &15, OVER6M %12). this is easy without rollover contracts. but rollover contracts tax rate does not change as you know.
please help me about this issue, this is very important for me.
thank you for attention.
I want to create a routine that is for tax calc routine, but i have not found an information about this yet. Does anyone have an example for tax calc routine. this routine will run related with MM tax.
Because our rollover MM Contract's tax calculation is different. i mean our MM tax calculation according to the period(ex: 1M-3M %18, 3M-6M &15, OVER6M %12). this is easy without rollover contracts. but rollover contracts tax rate does not change as you know.
please help me about this issue, this is very important for me.
thank you for attention.
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- jpb
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12 years 1 month ago #13933
by jpb
Replied by jpb on topic TAX CALC ROUTINE PROCESSING
As we haven't found a way to change tax calculation on MM we don't allow a rollover with a change from positive to negative interest(which would result in a change of TAX.INTEREST.KEY from zero to standard rate) and vice-versa.
I think you also have to assure that the tax remains at the same rate.
I think you also have to assure that the tax remains at the same rate.
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