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Sales Tax
Sales tax is a consumption tax levied upon purchase of a particular service or goods. The taxable amount is determined after applying the percentage rate to the taxable price of the goods or service.
3,209 Questions
What is the total sales tax for 150000 if the sales tax is 5 percent?
5% = 5/100
5*150000/100 = $7500
How does sales tax affect the consumer's budget line?
it raises the price of the good being taxed by that tax rate per unit of the good taxed
Will the government tax home sales at 3.8 percent?
Not exactly. The 3.8% Medicare tax will apply to certain investment income, including the gain on the sale of a home (not the entire sale value). The tax applies to individuals whose income reaches certain thresholds, and starts in 2013. So to be clear, suppose that you purchased your home originally for 100,000 dollars then sold it for 150,000. The gain is the difference between sale price and original price [$50,000 in this case]. If you are subject to the tax, then the tax would be calculated on the $50,000 gain, rather than the $150,000 sale price. No federal sales taxes (tax on the entire sale amount) exist in the United States at this time.
What is the amount on 22.00 dollars with 6.5 percent tax?
The total tax is $1.43 and the total price with tax is $23.43
How do you handle sales tax when buying an out of state vehicle?
Take it to your state and pay your taxes at that rate.
Which type of tax is calculated on a per-item basis?
An excise tax or sales tax is calculated on a per-item basis
How much is 7 percent sales tax on 25 dollars?
The total tax is $1.75 and the total price with tax is $26.75
What is the amount of sales tax on a 10.00 purchase using a 7.50 percent sale tax?
The total tax is $0.75 and the total price with tax is $10.75
What number times 6 percent equals 87 sales tax?
If you mean $0.87 in tax, divide $0.87 by .06 and you get $14.50.
What the sale tax of 239 to 5 percent?
The total tax is $11.95 and the total price with tax is $250.95.
What is the total price of a dress that is 22.50 with a sales tax of7.5 percent?
The total tax is $1.69 and the total price with tax is $24.19.
What is the sales tax for an item that costs 307.0 and has a sales tax rate of 7.75?
The total tax is $23.79 and the total price with tax is $330.79
85.000 the sales tax rate is 6 percent how much sales tax is due?
The total tax is $5,100.00 and the total price with tax is $90,100.00.
What is the sales tax on 112.00 when tax is 6.25?
The total tax is $7.00 and the total price with tax is $119.00
How much is 7 percent sales tax on 19.99 dollars?
The total tax is $1.40 and the total price with tax is $21.39
What is 70.00 including 6 percent sale tax?
6% of 70.00 = 6/100 x 70.00
= 4.20
⇒ 70.00 + 6% of 70.00 = 70.00 + 4.20
=74.20
