<?xml version="1.0" encoding="utf-8"?>
<ManualTopic ID="/baanerp/tc/onlinemanual/000439" xml:lang="en">
   <Header>
      <Title>Example of maximum tax amount</Title>
      <Keyword type="header" order="d1e1462749">
         <Level1>Tax</Level1>
         <Level2>maximum amount</Level2>
      </Keyword>
   </Header>
   <GeneralSection>
      <Paragraph>If a maximum tax amount applies for a specific tax code, you can
		specify the maximum amount in the <GUIRef href="/baanerp/tc/mcs/tcmcs0132m000" role="session">Single Tax Rates (tcmcs0132m000)</GUIRef> and the <GUIRef href="/baanerp/tc/mcs/tcmcs0133m000" role="session">Multiple Tax Rates (tcmcs0133m000)</GUIRef> sessions.</Paragraph>
      <List>
         <ListIntro>Example based on the following tax code details:</ListIntro>
         <ListItem>
            <GUIRef href="/baanerp/tc/mcs/tcmcs0132m000#tcmcs032.pvat" role="manual">Tax Rate</GUIRef>: 10 percent</ListItem>
         <ListItem>
            <GUIRef href="/baanerp/tc/mcs/tcmcs0132m000#tcmcs032.amxt" role="manual">Maximum Tax Amount (Net)</GUIRef>: 10,000</ListItem>
         <ListItem>
            <GUIRef href="/baanerp/tc/mcs/tcmcs0132m000#tcmcs032.atxb" role="manual">Tax Base Amount (Net)</GUIRef>: 50,000</ListItem>
         <ListItem>
            <GUIRef href="/baanerp/tc/mcs/tcmcs0132m000#tcmcs032.pext" role="manual">Rate for Excess Amount</GUIRef>: 5 percent</ListItem>
      </List>
      <Paragraph>The following table shows the calculated tax amounts for various
		order amounts.</Paragraph>
      <TABLE border="1" borderstyle="default" space-and-orientation="indented-estimated">
         <THEAD noTR="1">
            <TR no="1" isLast="true">
               <TD rowspan="1" colspan="1">Order amount</TD>
               <TD align="right" rowspan="1" colspan="1">10,000</TD>
               <TD align="right" rowspan="1" colspan="1">100,000</TD>
               <TD align="right" rowspan="1" colspan="1">1000,000</TD>
            </TR>
         </THEAD>
         <TBODY noTR="7">
            <TR no="1" isLast="false">
               <TD rowspan="1" colspan="1">Amount included in tax
				base amount</TD>
               <TD align="right" rowspan="1" colspan="1">10,000</TD>
               <TD align="right" rowspan="1" colspan="1">50,000</TD>
               <TD align="right" rowspan="1" colspan="1">50,000</TD>
            </TR>
            <TR no="2" isLast="false">
               <TD rowspan="1" colspan="1">Tax on base amount (10 percent)</TD>
               <TD align="right" rowspan="1" colspan="1">1,000</TD>
               <TD align="right" rowspan="1" colspan="1">5,000</TD>
               <TD align="right" rowspan="1" colspan="1">5,000</TD>
            </TR>
            <TR no="3" isLast="false">
               <TD rowspan="1" colspan="1">Excess amount</TD>
               <TD align="right" rowspan="1" colspan="1">0</TD>
               <TD align="right" rowspan="1" colspan="1">50,000</TD>
               <TD align="right" rowspan="1" colspan="1">950,000</TD>
            </TR>
            <TR no="4" isLast="false">
               <TD rowspan="1" colspan="1">Tax on excess amount (5 percent)</TD>
               <TD align="right" rowspan="1" colspan="1">0</TD>
               <TD align="right" rowspan="1" colspan="1">2,500</TD>
               <TD align="right" rowspan="1" colspan="1">47,500</TD>
            </TR>
            <TR no="5" isLast="false">
               <TD rowspan="1" colspan="1">Total tax amount</TD>
               <TD align="right" rowspan="1" colspan="1">1,000</TD>
               <TD align="right" rowspan="1" colspan="1">7,500</TD>
               <TD align="right" rowspan="1" colspan="1">52,500</TD>
            </TR>
            <TR no="6" isLast="false">
               <TD rowspan="1" colspan="1">Maximum tax amount</TD>
               <TD align="right" rowspan="1" colspan="1">10,000</TD>
               <TD align="right" rowspan="1" colspan="1">10,000</TD>
               <TD align="right" rowspan="1" colspan="1">10,000</TD>
            </TR>
            <TR no="7" isLast="true">
               <TD rowspan="1" colspan="1">Resulting tax amount</TD>
               <TD align="right" rowspan="1" colspan="1">1,000</TD>
               <TD align="right" rowspan="1" colspan="1">7,500</TD>
               <TD align="right" rowspan="1" colspan="1">10,000</TD>
            </TR>
         </TBODY>
      </TABLE>
   </GeneralSection>
   <RelatedTopics>
      <SectionTitle>Related topics</SectionTitle>
      <RelTopic>
         <Link href="/baanerp/tc/onlinemanual/000139" role="manual">Tax calculation</Link>
      </RelTopic>
   </RelatedTopics>
</ManualTopic>