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  2. How To Calculate Sales Tax: A Step-by-Step Guide - AOL

    www.aol.com/calculate-sales-tax-step-step...

    Use this sales tax formula: sales tax = list price x sales tax rate (as a decimal). For example, Sarah is purchasing a refrigerator. The refrigerator is on sale for $1,200 and her sales tax rate ...

  3. Sales tax - Wikipedia

    en.wikipedia.org/wiki/Sales_tax

    A sales tax is a tax paid to a governing body for the sales of ... Value-added taxes provide an estimated 20% of worldwide tax revenue and have been adopted by more ...

  4. Sales taxes in the United States - Wikipedia

    en.wikipedia.org/wiki/Sales_taxes_in_the_United...

    The average effective sales tax for different income groups of the combined 50 States (2007). The effective tax shown is calculated using a microsimulation model based on the 1990 Public Use Microdata Sample of census records and statistical data from the Internal Revenue Service for undisclosed years.

  5. Indirect tax - Wikipedia

    en.wikipedia.org/wiki/Indirect_tax

    An indirect tax (such as a sales tax, per unit tax, value-added tax (VAT), excise tax, consumption tax, or tariff) is a tax that is levied upon goods and services before they reach the customer who ultimately pays the indirect tax as a part of market price of the good or service purchased. Alternatively, if the entity who pays taxes to the tax ...

  6. How to Calculate Profit - AOL

    www.aol.com/finance/calculate-profit-050000335.html

    Operating Profit Margin = (Operating Income / Revenue) x 100. This metric accounts for all daily operating expenses, including overhead, administrative, and sales costs, while excluding debts and ...

  7. Income vs. Sales Tax: See the Biggest Source of Tax Revenue ...

    www.aol.com/finance/income-vs-sales-tax-see...

    As much as you might hate to pay them, the taxes you pay your state help fund essential programs and services in your community. Most states make the bulk of their tax revenue through sales tax ...

  8. Tax revenue - Wikipedia

    en.wikipedia.org/wiki/Tax_revenue

    Personal Income Tax Sales Tax Property Tax Corporate Tax total revenue total revenue total revenue total revenue The averages of each tax base can be used in comparison to other states or communities, that is, the average of other states or communities, to determine whether or not a government compares favorably regionally or nationally.

  9. Revenue - Wikipedia

    en.wikipedia.org/wiki/Revenue

    This is included in revenue but not included in net sales. [6] Sales revenue does not include sales tax collected by the business. Other revenue (a.k.a. non-operating revenue) is revenue from peripheral (non-core) operations. For example, a company that manufactures and sells automobiles would record the revenue from the sale of an automobile ...

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