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Which describes a sales tax?
Percentage charged on the purchase of goods.
What is of tax charged on stationery items?
Sales tax or value added tax. The name varies from country to country as does the rate
What are common taxes and their use?
Sales tax - a percentage of the cost of purchased goods Luxury tax - a higher percentage tax charged on the purchase of designated items Excise tax - a tax on goods paid by their producer (though usually passed on to consumers) Property tax - a tax, usually local and paid annually, on the value of land or structures
The sales tax is 6.875 percent how much tax is charged on a purchase of 1600?
The total tax is $110.00
What is the difference between sales tax and vat?
Sales Tax is a tax charged on Sale of any item whereas VAT is value added tax charged on both sale & purchase.
How do you find the cost of an object if you only know the sales tax?
Depending on what the sales tax is for this example well put it at 12 % If your sale tax is 19.72$ at 12 % then your purchase cost you 164.33$ + the additional 19.72$ You multiply in dollars the tax you were charged by 100 then divide by the percentage of the sales tax
What is the sales tax rate percentage of a 90 purchase of a sales tax 5.40?
The tax rate is 6%
Charged Property tax and sales tax?
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What is the differences between VAT and income tax?
VAT is value added tax charge on sale and purchase. Income tax is tax charged on income received.
What will be the sales tax percentage if you purchase a car in Massachusetts after August?
As of 2012 the sales tax on vehicles in MA is 6.25 percent.
Differentiate between input VAT and output VAT?
Input VAT is the tax imposed on purchase whereas Output VAT is the tax charged on selling items
If you purchase cigarettes overseas online are you charged tax?
IF THIS IS AN AMERICAN QUESTION I WILL NOT KNOW IF IT IS GO AND ASK AN AMERICAN PERSON
