How do I configure Sales Tax so that it is based on product cost, not the selling price?

Question

Hello everyone,

I have a tax issue.  When I am going to sell a product we do not tax the sales price but what my company purchased the good at.  I am trying to do this in python?

Would this be correct:
result = price_unit_cost * 0.10

I need to know how to do this as were are a b2b only company and the states are requesting it be done this way?

Ray Carnes (ray) · Accepted Answer

Ensure that the *Define Taxes as Python Code *module is installed:
image [1]

Setup a Tax like this:
image [2]

This will calculate the Sales Tax like this:
image [3]

[1] /web/image/64884160-42214da6/image.png?access_token=7800a22f-c0d4-4736-8d3a-f611dd6ed39b
[2] /web/image/64884159-16dd6519/image.png?access_token=864a0c70-b0c2-4dc2-8948-b427300acf99
[3] /web/image/64884161-ff7ccc22/image.png?access_token=8159d50a-bce3-44be-be85-cf4e7791d377

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