TaxBracket

A read-only property which indicates the tax rate for the current Earnings amount.

Syntax

.NET

value = object.TaxBracket

Java

value = object.getTaxBracket()

object is a TaxControl instance.

value is a float variable.

Details

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 percentage difference as the tax rate. For some taxes, the result may be 0.00 because the additional dollar does not change the TaxAmount calculation.