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.
If I understand your question correctly you know what the Gross Receipts are and need to calculate the sales tax that is included. If that is the case this is how to do it. Gross Receipts - Gross Receipts divided by (1+ Tax Rate) if your tax rate is 5% and your gross receipts including tax are $1,050.00, divide $1,050.00 by 1.05. The result is your net receipts without tax. $1000.00 . Then $1050.00 -$1000.00 = $50.00 the sales tax
nyc sales tax rate 8.875
what is the sales tax rate for Nueces County Texas what is the sales tax rate for Nueces County Texas
Sales Tax / Sales Tax Rate = Gross Sale
$10.50
The amount of sales tax on a $49.00 purchase depends on the sales tax rate in your area. For example, if the sales tax rate is 7%, the sales tax would be $3.43, making the total amount $52.43. To calculate, simply multiply the purchase amount by the sales tax rate (0.07). Adjust the rate accordingly if your local sales tax differs.
To calculate the sales tax on an amount like $21.86, you first need to know the sales tax rate in your area. For example, if the sales tax rate is 7%, you would multiply $21.86 by 0.07, which equals approximately $1.53. Adding this to the original amount, the total would be about $23.39. Adjust the calculation based on your local sales tax rate.
The current total local sales tax rate in Tulsa, OK is 8.517%.
If I understand your question correctly you know what the Gross Receipts are and need to calculate the sales tax that is included. If that is the case this is how to do it. Gross Receipts - Gross Receipts divided by (1+ Tax Rate) if your tax rate is 5% and your gross receipts including tax are $1,050.00, divide $1,050.00 by 1.05. The result is your net receipts without tax. $1000.00 . Then $1050.00 -$1000.00 = $50.00 the sales tax
To calculate the total amount of $5.50 plus tax, you need to know the sales tax rate for your location. For example, if the sales tax rate is 7%, you would calculate the tax as $5.50 x 0.07 = $0.39. Adding this to the original amount gives you a total of $5.50 + $0.39 = $5.89. Adjust the calculation based on your local tax rate.
nyc sales tax rate 8.875
The 2016 sales tax rate in Hamilton County is 9.25%. That includes a Tennessee sales tax rate of 7% plus a county-wide sales tax rate of 2.25%.
The tax rate is 6%
what is the sales tax rate for Nueces County Texas what is the sales tax rate for Nueces County Texas
24.5
See 'Sources and related links' below for the latest rate.
It depends on the sales tax rate, which varies by state. If the sales tax rate is 6%, the vehicle costs 2,575 and the sales tax is 154.50 If the sales tax rate is different, divide 2729.50 by (1+the rate expressed as a decimal). Then, multiply that answer by the sales tax rate. 2729.50 divided by 1.06 = 2,575. then, 2,575 x .06 = 154.50