
Sample tax table | Modification of the left tax table |
Example 8% |
|
Tax | Minimum | |
breakpoint | ||
| ||
|
| |
.00 | .01 | |
.01 | .11 | |
.02 | .26 | |
.03 | .47 | |
.04 | .68 | |
.06 | .89 | |
.09 | 1.11 | |
.10 | 1.26 | |
.11 | 1.47 | |
.12 | 1.68 | |
.14 | 1.89 | |
.17 | 2.11 |
Tax |
| Minimum | ||||
| breakpoint | |||||
|
|
|
| |||
|
|
|
|
|
|
|
.00 |
|
|
| .01 |
|
|
.01 |
|
| T | .11 |
| Q |
|
|
| ||||
.02 |
|
|
| .26 |
|
|
.03 |
|
|
| .47 |
|
|
.04 |
|
|
| .68 |
|
|
.05 |
|
|
| .89 |
|
|
.06 |
|
|
| .89 |
|
|
.07 |
|
|
| 1.11 |
| M1 |
|
|
|
| |||
.08 |
|
|
| 1.11 |
|
|
.09 |
|
|
| 1.11 |
|
|
.10 |
|
|
| 1.26 |
|
|
.11 |
|
|
| 1.47 |
|
|
.12 |
|
|
| 1.68 |
|
|
.13 |
|
|
| 1.89 |
|
|
.14 |
|
|
| 1.89 |
|
|
.15 |
|
|
| 2.11 |
| M2 |
|
|
|
| |||
.16 |
|
|
| 2.11 |
|
|
.17 |
|
|
| 2.11 |
|
|
Breakpoint difference (¢)
1B:
10
15
21
21
21 | C: | ||
0 | |||
| |||
22 |
| ||
0 |
| ||
0 |
| ||
15 |
| ||
21 |
| ||
21 |
| ||
21 | D: | ||
0 | |||
| |||
22 |
| ||
0 |
| ||
0 |
|
Example data of above tax table (8%)
TAX RATE: | 8.0000 | (enter 8) |
CYCLE: | 1.00 | (enter 100) |
INITIAL TAX: | 0.01 | (enter 1) |
LOWER TAX: | 0.11 | (enter 11) |
BREAK POINT1: | 0.26 | (enter 26) |
BREAK POINT2: | 0.47 | (enter 47) |
BREAK POINT3: | 0.68 | (enter 68) |
BREAK POINT4: | 0.89 | (enter 89) |
BREAK POINT5: | 0.89 | (enter 89) |
BREAK POINT6: | 1.11 | (enter 111) |
BREAK POINT7: | 1.11 | (enter 111) |
BREAK POINT8: | 1.11 | (enter 111) |
•% Tax Procedure
■■ Doughnut exempt
Procedure
Program each item as follows:
• TAX RATE (Use the numeric entry)
Tax rate (max. 7 digits: 0.0000 to 999.9999%).
• LOWER TAX (Use the numeric entry)
Lowest taxable amount (max. 5 digits: 0.00 to 999.99).
Program each item as follows:
• QUANTITY (Use the numeric entry)
Quantity for doughnut tax exempt (2 digits: 1 to 99/0).
NOTE The programming is effective for “taxable 1 & taxable 3” items on Canadian tax (CANADA TAX 01 or CANADA TAX 10).
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