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Sales tax is a percentage of the sale price of goods and services, applied at the point of sale, while excise tax is a specific tax imposed on particular goods, such as alcohol, tobacco, or gasoline, often included in the price. Sales tax applies broadly to various transactions, whereas excise tax targets specific items and is typically calculated per unit sold rather than as a percentage of the sale price.
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What is the difference between a tariff and an excise tax?
A tariff is the tax placed on the shipment of imported goods that are imported. An excise tax is an indirect tax that is charged upon the sale of one good.
What are the reasons that one pays an excise tax?
There are a few different reasons that one pays an excise tax. One of the reasons is that the government needs more money for their various projects.
What is difference between company and factory?
A company is a group of people organized for any business purpose (for example a restaurant, factory, store, or insurance sales). A factory is one kind of company that specifically produces items (such as computer, sofa, car).
How much would your net operating income increase if sales increased?
The increase in net operating income (NOI) resulting from a sales increase depends on the additional revenue generated and the variable costs associated with those sales. If the revenue from sales exceeds the incremental costs incurred, then NOI will rise proportionally. To quantify the increase, one would need to calculate the difference between the new sales revenue and the associated costs. However, the specific increase in NOI can vary widely based on the business model and cost structure.
What is difference between direct tax and indirect tax?
the difference between a direct tax is one that must be paid directly to the government by the person on whom it is imposed and indirect tax is one first paid by one person but then passed on to another.
What is the difference between a tariff and an excise tax?
A tariff is the tax placed on the shipment of imported goods that are imported. An excise tax is an indirect tax that is charged upon the sale of one good.
What is the difference between sales promotion and market promotion.?
Marketing is everythig you do to create demand and sales, one of which is sales promotion.
'What is the difference between sales forecast and sales plan?
Roughly, a Sales Plan is your strategie for achieving sales (purchases). A Sales forecast is an estimate at the beginning of a time period of how much one expects to sell.
What is the difference between 2 businesses that have different market share?
One has more sales $ in the market than the other does.
If you purchase a new vehicle and trade one in is the 6 Pennsylvania sales tax calculated on the full purchase price or with the trade in amount deducted?
Sales tax in Pennsylvania is calculated on the difference between the sales price of the car and the trade-in amount. This is usually called the "money difference"
What is the difference between sales promotion and direct marketing?
Sales promotion is publicity sort after and awareness of the products you have for sale, advertising and such. Direct Marketing is defining your customer base, and targetting them direct on a one to one basis.
What is the difference between one and one's?
difference between one- ones
What is the difference between sale in course of import and high sea sales?
High Sea Sales happen while the product is still on the high seas or on the way from one airport to another. Sales in course of transport is basically the same thing as high sea sales.
Difference between sales plan and sales forecast?
A sales plan and a sales forecast are essentially the same, however the big difference is one is a set plan for the whole year. It is mostly used with larger corporations to single out units. A sales forecast is set at the store/branch level and is there to help with the changing situations (ie weather, natural disasters, and the such) A plan is what you are going to do and a forecast is what you think is going to happen. There should be a link between the two, but you may not have the capacity to make all that you could sell.
What is the difference between corporate sales and institutional sales?
Corporate sales typically involve selling products or services directly to businesses for their own use or resale, focusing on building relationships with individual companies. Institutional sales, on the other hand, involve selling to organizations such as government agencies, educational institutions, or non-profit organizations, often requiring a more complex sales process and involving larger-scale transactions. The key difference lies in the target customer base and the specific strategies and approaches needed to effectively sell to these different types of entities.
Distinguish export sales contract and domestic sales contract?
The main difference between export sales contract and domestic sales contract is: 1. Relating to currency issues (both the country have different currency) 2. The second one is law related to export and import dispute (if any dipute arises between two country whose coutry law should be applicable to solve the dispute).
What are the reasons that one pays an excise tax?
There are a few different reasons that one pays an excise tax. One of the reasons is that the government needs more money for their various projects.
