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Which type of tax is calculated on a per-item basis?

An excise tax or sales tax is calculated on a per-item basis


What time of tax is calculated on a per item basis?

The tax calculated on a per item basis is typically sales tax. This tax is applied to the sale of goods and services, where a specific percentage is added to the price of each item sold. The rate may vary by jurisdiction and can depend on the type of item being sold. Sales tax is collected by the seller at the point of sale and remitted to the government.


What type of budget involves placing money into envelopes?

The type of budget that involves placing money into envelopes is called the "envelope budgeting system" or the "envelope method." This is a cash-based budgeting system where you allocate a certain amount of money for each spending category, such as groceries, entertainment, and transportation, and then put the cash into separate envelopes labeled with each category. Once the cash in an envelope is gone, you cannot spend any more money in that category until the next budgeting period. This method helps you stay within your budget and avoid overspending.


What type of tax is calculated on per-item basis?

The type of tax calculated on a per-item basis is typically a sales tax. This tax is applied to the sale of goods and services, where a specific percentage is charged on each item sold. The rate may vary depending on the jurisdiction and the type of product. Another example of per-item taxation is excise tax, which is often levied on specific goods like alcohol, tobacco, or gasoline.


Are total sales and total revenue the same thing?

Total sales and total revenue are slightly different. Revenue is any type of money or income that is coming into the company, which may not always be a form of sales. Sometimes a company or business may receive revenue from investments, which is different from when it is selling an item. Sales are a part of a company's total revenue.

Related Questions

Which type of tax is calculated on a per-item basis?

An excise tax or sales tax is calculated on a per-item basis


Which type of tax is calculated on per item basis?

An excise tax or sales tax is calculated on a per-item basis


Cash send or cash deliver sale?

this sales type requires the costumer to pay for the goods he buys and the store delivers the goods to his/her home.


What is meant by item master in ERP?

An item master is a master record for a type of inventory item. The item master includes the item description, materials and handling specifications, sales and fulfillment specifications, and warehouse-specific information.


What does favorite category mean?

"Favorite category" refers to a specific topic or type of item that an individual or group prefers above others. It could be related to interests, hobbies, or preferences for products or services.


What time of tax is calculated on a per item basis?

The tax calculated on a per item basis is typically sales tax. This tax is applied to the sale of goods and services, where a specific percentage is added to the price of each item sold. The rate may vary by jurisdiction and can depend on the type of item being sold. Sales tax is collected by the seller at the point of sale and remitted to the government.


What type of budget involves placing money into envelopes?

The type of budget that involves placing money into envelopes is called the "envelope budgeting system" or the "envelope method." This is a cash-based budgeting system where you allocate a certain amount of money for each spending category, such as groceries, entertainment, and transportation, and then put the cash into separate envelopes labeled with each category. Once the cash in an envelope is gone, you cannot spend any more money in that category until the next budgeting period. This method helps you stay within your budget and avoid overspending.


What type of tax is calculated on per-item basis?

The type of tax calculated on a per-item basis is typically a sales tax. This tax is applied to the sale of goods and services, where a specific percentage is charged on each item sold. The rate may vary depending on the jurisdiction and the type of product. Another example of per-item taxation is excise tax, which is often levied on specific goods like alcohol, tobacco, or gasoline.


How can you figure out the tax of an item?

multiply by the decimal from of your state tax percentage and that's the tax. add that to the original cost and you have the final price. say you have a $100 dollar item and a 10% tax rate. 100 X .1= 10 so that is 10 dollars tax. 100 +10=110 the final price is $110 -Akilae


What type of rock category is limestone in?

Sedimentary Rock category.


Does riannah have a MySpace?

yes. type 'rihanna' in on the music category yes. type 'rihanna' in on the music category


Are total sales and total revenue the same thing?

Total sales and total revenue are slightly different. Revenue is any type of money or income that is coming into the company, which may not always be a form of sales. Sometimes a company or business may receive revenue from investments, which is different from when it is selling an item. Sales are a part of a company's total revenue.