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net indirect tax = tax - subsidies

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12y ago

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How do you calculate net indirect tax with GDP and gnp?

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 pretax net operating income?

How do you calculate pre-tax net operating income


Is petroleum tax a direct or indirect tax?

it is an indirect tax


How do you calculate net profit before taxes?

Net Profit Before Tax(N.P.B.T.) = Total sales - Total Expenses.


Is import duty a direct tax or indirect tax?

indirect tax


What is the formula for net national product?

NNP also equals total compensation of employees + net indirect tax paid on current production + operating surplus.


Is the tax on your house indirect tax or direct tax?

excise taxA+


What are examples of indirect tax?

One example of indirect tax is Income Tax.


A sales tax on food items is what type of tax?

indirect tax


Is service 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.


Is an example of an indirect 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.


Is the tax on food items a direct or indirect tax?

Indirect tax because they are impose on goods and services