Tax structure and setup for Country: SG (Singapore)

[Former Member]

Hi,

Singapore has a new tax structure staring this year (2008). The tax is broken into slabs on the basis of chargeable income of a company, over the fiscal year.

In SD, I am able to set tax, with scales - but this is specific to every order. The condition I need to maintain has to trigger only after the company's revenue has reached, say, $100,000.

Please guide me on how to represent this in SAP R/3.

Thank you.

Sowmya

[Former Member · Accepted solution]

Hi Sowmaya,

I will suggest please Go through the Link below to see how this can be configure in SAP. As this is newly Tax structure started by the govt of SG this year,

http://help.sap.com/saphelp_47x200/helpdata/en/bd/c2753824a34f47e10000009b38f8cf/frameset.htm

Hope this will help.

Thanks,

Raja

[Former Member]

Thank you Raja,

I see that you have a method here for tax RETURNS, after closing the period. My question was if there is a way to set up this tax bracket during the sales cycle.

Regards,

Sowmya