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Tax1%: First Tax percent applied to Net Value. Reference Value: Amount established by the government based on price research, used to trigger a new tax in some cases. Sales Value or Gross Value: Final amount in the invoice, taxes included. The case below is simpler version of the original problem, based on tax calculations in a country in the southern hemisphere. I’ve recently had to use Alteryx to solve a case that was previously solved only by enabling Iterative Calculation in Excel, once the case generated a circular reference formula.
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