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An example of a sales tax is a tax paid on items purchased. Sales tax varies from sale to state. An example is 13%, which is charged in Canada.
Let's say something costs $20.00 and Canada's tax rate is 13%, so to find how much tax is on that $20.00 you have to turn the 13% into a decimal by dividing it by 100 and you will get 0.13. Then you multiply $20 by 0.13 and you get your answer which is $2.60. You then add the $20 to the $2.60 to get your final answer of $22.60. A faster way of doing this is you put a 1 in front of the .13 to get 1.13 and then multiply that by $20 to get the final answer of $22.60. Both of these ways will always work.
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Sales tax is an example of what kind of tax?
It's an example of blue tax
Sales tax on gasoline is what kind of tax?
a sales tax on gasoline is an example of what type of tax
Sales tax is an example of?
Sales tax is an example of an indirect tax. This is taxes that a consumer pays to someone else and then that other person pays the taxes to the government.
What type of tax is sales tax on gasoline an example of?
selective
What are examples of indirect tax?
One example of indirect tax is Income Tax.
What is a example of a tax on consumption?
An example of a tax on consumption would be a sales tax. A sales tax is a tax paid for the sales of goods and services. A consumption tax, it is a tax on something used or "consumed." A sales tax is a good example. Europe has a value added tax which is the same idea.
What is an example of a tax on consumption?
An example of a tax on consumption would be a sales tax. A sales tax is a tax paid for the sales of goods and services. A consumption tax, it is a tax on something used or "consumed." A sales tax is a good example. Europe has a value added tax which is the same idea.
Sales tax is an example of what kind of tax?
It's an example of blue tax
Sales tax on gasoline is what kind of tax?
a sales tax on gasoline is an example of what type of tax
Sales tax is an example of?
Sales tax is an example of an indirect tax. This is taxes that a consumer pays to someone else and then that other person pays the taxes to the government.
What type of tax is sales tax on gasoline an example of?
selective
9 percent tax on a sales is an example of what type of tax?
excise tax
what is the example of sales tax?
An example of sales tax is when a customer purchases a product at a store and pays an additional percentage of the product's price to the government as tax. This tax is collected by the seller and then remitted to the appropriate tax authority.
Your department store receipt says that you paid a 5% sales tax on sports equipment. This sales tax is an example of a _____.?
regressive tax
What are examples of indirect tax?
One example of indirect tax is Income Tax.
What if your department store receipt says you paid a 5 percent sales tax on sports equipment this sales tax is an example of?
It is a proportional tax.
Sales tax is a tax of?
Merchandise bought in state some states don't charge you Sales Tax but most do. Oregon for example doesn't.
