====== Max Holiday Price for Tax Holidays ======

~~CONTEXTID:1185~~

Max Holiday Price is used with the tax holiday dates on a tax rate. It limits which individual items receive the tax holiday exemption.

Use this field when a tax holiday only applies to items at or below a specific item price.

===== Getting To Max Holiday Price =====

  - Click **Setup > Taxes**. \\ {{:libertyreact:lib:newitem1729.png|NewItem1729.png}}
  - The **Maintain Taxes** dialog box will open. Select the **Tax Group** that contains the tax rate you need to change. \\ {{:setup:requiredsetupsteps:inventorymodule:taxcodes:max_holiday_price_select_tax_group.png|Select the Tax Group}}
  - If you are creating a new tax rate, click **Add** under **Tax Rates**. If you are changing an existing tax rate, select the tax rate and click **Edit**.
  - In **Maintain Tax Rate**, make sure **Can this tax be exempted?** is set to **Yes** if this tax should be exempt during the tax holiday.
  - Set **Tax Holiday Start** and **Tax Holiday End** for the holiday period.
  - Enter the highest item price that can receive the holiday exemption in **Max Holiday Price**. \\ {{:setup:requiredsetupsteps:inventorymodule:taxcodes:max_holiday_price.png|Max Holiday Price field in Maintain Tax Rate}}
  - Click **OK** to save the tax rate.

===== How Max Holiday Price Works =====

  * Max Holiday Price applies to each individual item.
  * Example with a maximum of **$2,500**: A **$2,000** item is tax exempt during the configured holiday dates.
  * A **$2,600** item remains fully taxable.
  * It does not exempt only the first **$2,500** of an expensive item.
  * Outside the holiday dates, normal tax rules apply.
  * Leaving the field blank means no holiday price cap is enforced.

Info: Max Holiday Price is separate from the normal **Price Threshold** options above it. Price Threshold controls normal threshold based tax behavior. Max Holiday Price only controls the tax holiday price cap.

===== Technical Reference =====

Max Holiday Price was added in Inventory build **1927**. The database field is **TAX_RATE.EXEMPT_HOLIDAY_LIMIT**.

Internal reference: [[http://rswsupporthost/source/bug/14057|Bug 14057]].

==== Next Article In Section ====

Click the following link to move to the next article in this section: \\ [[:setup:requiredsetupsteps:inventorymodule:taxcodes:addingataxcode]]

==== Related Topics ====

[[setup:requiredsetupsteps:inventorymodule:taxcodes:maxholidayprice]]
[[setup:requiredsetupsteps:inventorymodule:taxcodes:settinguptaxcodes]]
[[setup:requiredsetupsteps:inventorymodule:taxcodes:addingataxcode]]
[[setup:requiredsetupsteps:inventorymodule:taxcodes:taxcodesoverview]]
[[setup:requiredsetupsteps:inventorymodule:taxcodes:singlelocationtax]]
[[setup:requiredsetupsteps:inventorymodule:taxcodes:singledifferenttax]]
[[setup:requiredsetupsteps:inventorymodule:taxcodes:singletaxlocation]]
[[setup:requiredsetupsteps:inventorymodule:taxcodes:multipletaxlocations]]
[[setup:requiredsetupsteps:inventorymodule:taxcodes:multlocsameset]]