Sales Tax Calculator
Here we calculate the tax and total cost when making a purchase. I don't know how you are going to carry your desktop computer to the resturaunt but many figure the tip by using the tax. Does the doubling tax method for figuring the tip still work? Here you can check the tax, figure the tip, and be considered the big spender that you are. You can also calculate the before and after tax prices for all your purchases online. Enter the price, the tax, and compute for total.
A QUICKIE LESSON ON SALES TAX
For more information, you too can visit Wikipedia.
First more urgent - Recommend - this page to a friend.
A sales tax is a consumption tax charged at the point of purchase for certain goods and services. The tax amount is usually calculated by applying a percentage rate to the taxable price of a sale. A portion of the sale may be exempt from the calculation of tax, because sales tax laws usually contain a list of exemptions. Laws governing the tax may require it to be included in the price (tax-inclusive) or added at the point of sale (tax-exclusive).
Most sales taxes are collected from the buyer by the seller, who remits the tax to a government agency. The economic burden of the tax usually falls on the purchaser, but in some circumstances may fall on the seller. Sales taxes are commonly charged on sales of goods, but many sales taxes are also charged on sales of services. Ideally, a sales tax would have a high compliance rate, be difficult to avoid, and be simple to calculate and collect.
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