net indirect tax = tax - subsidies
How do you calculate pre-tax net operating income
it is an indirect tax
indirect tax
One example of indirect tax is Income Tax.
Income tax is a direct tax levied on your earnings. An indirect tax is the tax you pay if you buy something, after all, you don't have to buy the goods and so pay the indirect tax.
Net indirect tax can be calculated using the formula: Net Indirect Tax = GDP - GNP + Subsidies - Transfer Payments. Here, GDP represents the total economic output within a country, while GNP accounts for the total income earned by residents, including income from abroad. The difference between GDP and GNP reflects net income from abroad, and adjustments for subsidies and transfer payments help refine the calculation. This formula provides a clearer picture of the government's revenue from indirect taxes after accounting for these factors.
How do you calculate pre-tax net operating income
it is an indirect tax
Net Profit Before Tax(N.P.B.T.) = Total sales - Total Expenses.
indirect tax
NNP also equals total compensation of employees + net indirect tax paid on current production + operating surplus.
excise taxA+
One example of indirect tax is Income Tax.
indirect tax
Indirect tax is a tax that is shifted from one taxpayer to another through an increase in the price of the good. Service tax is an example of an indirect tax because it is collected by an intermediary.
Income tax is a direct tax levied on your earnings. An indirect tax is the tax you pay if you buy something, after all, you don't have to buy the goods and so pay the indirect tax.
Indirect tax because they are impose on goods and services