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- Find the dollar amount of the sales tax by subtracting the pretax price from the post-tax price.
- Divide the sales tax cost by the pretax price.
- Multiply the Step 2 answer by 100 to convert the sales tax rate from a decimal to a percentage.
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∙ 12y ago
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How do you find the tax rate if you have the pre tax and after tax profit?
After Tax Profit = Pretax Profit * (1 - Tax Rate) Solve for Tax Rate Tax Rate = 1 - (After Tax Profit/Pretax Profit)
What tax rate increases as the tax base increases?
The progressive tax rate is one where the tax rate increases as the taxable rate, or income, is increasing.
What is 91.00 plus tax?
The answer depends on the rate of tax.The answer depends on the rate of tax.The answer depends on the rate of tax.The answer depends on the rate of tax.
If corporate bonds issued by Johnson Corporation currently yield 8 Municipal bonds of equal risk currently yield 6 At what tax rate would an investor be indifferent between these two bonds?
To find the federal tax rate at which the buyer would be indifferent between Muni bonds(which are tax free) and Corporate bonds(which fall under your tax bracket tax rate) you follow this simple formula: Corporate Bond Yield=(Municipal bond Yield)/(1- Federal tax rate) In this case you would solve for the Federal Tax Rate and get an answer of .25 or 25% http://luhman.org/Nts/Bond/140_Municipals.html
What is the tax for 85.00?
What percent is the tax rate? A tax rate of 10% would be $8.50.
A regressive tax is BEST defined as a rate of tax?
A regressive tax is a rate of tax that falls as the income rises.
The sales tax on a purchase of55 was 3.85 what was the tax rate percent?
The tax rate was about 7.5%
What is the present service tax rate?
till 31.3.2012 service tax rate : 10.30% from 1.4.2012 service tax rate : 12.36%
In making financial decisions the relevant tax rate is the?
The relevant tax rate is the marginal tax rate in making finicial decisions.
How do you define ct rate?
CT rate or a corporation tax rate is the rate of tax due from company profits.
What is the state tax rate for Alaska?
Alaska has no state tax rate
How to calculate the sales tax rate?
Amount x Tax Rate % = (finds out the amount of tax) or Amount x .__ (tax rate, if it is 7 you would put .07) = (amount of tax) To determine the sales tax rate you would have to contact the locality you live in because the rate can vary from town to town.
