The purchase price may or may not include tax, depending on the seller's policy.
To calculate tax when buying something, multiply the purchase price by the tax rate as a decimal. Add this amount to the purchase price to get the total cost including tax.
No, the Manufacturer's Suggested Retail Price (MSRP) does not include sales tax.
The total amount of taxes you will need to pay for a used car purchase depends on the sales tax rate in your area and the purchase price of the car. Typically, you will need to pay a percentage of the purchase price as sales tax. It is recommended to check with your local tax authority for the exact amount.
To compute capital gains tax, subtract the original purchase price of an asset from the selling price to determine the capital gain. Then, apply the capital gains tax rate to the gain to calculate the tax owed.
Capital gains for tax purposes are calculated by subtracting the original purchase price of an asset from the selling price. The resulting profit is then subject to capital gains tax based on the holding period and tax rate.
what is meant by net price? does it include excise duty? If included, how is it claculated
Sales tax is on the purchase price not the value.
The total tax is $1.14 and the total price with tax is $24.90
A tax based on the price of goods and paid at the time of purchase is a sales tax.
To calculate tax when buying something, multiply the purchase price by the tax rate as a decimal. Add this amount to the purchase price to get the total cost including tax.
The total tax is $1.69 and the total price with tax is $23.02.
The total tax is $1.90 and the total price with tax is $35.90
Motor vehicle excise tax in Oklahoma is 3.25% of the purchase price, which may include dealer discounts and rebates but which may not include any trade-in allowance.
The total price with sales tax is $8.17
The total tax is $6.84 and the total price with tax is $120.84
purchase price x percent sales tax .... then added to the original amount
The total tax is $0.11 and the total price with tax is $1.41