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TaxBracket Property

Returns the tax rate for the current earnings amount.

Syntax

value = object.getTaxBracket()

Part
Description
objectA TaxControl object
valueA numeric result

Remarks

This property returns the employee's tax rate when applicable. Internally, the software computes the TaxAmount value for the SelectedTax using the current Earnings, Exemptions, etc. It then recomputes the TaxAmount with an additional dollar of Earnings, reporting the resulting difference as the tax rate. For some taxes, the result may be 0.00 because the additional dollar does not change the TaxAmount calculation.

See Also: TaxAmount