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Why would a retail business want your tax id number?
to determine whether or not you pay tax on certain items..mainly i guess you could say for tax exemption.
What is 1500.00 plus 5 percent sales tax what is the total?
1500 + 0.05(1500) = 1575 (assuming that the sales tax is stated to as many significant digits as desired.)
How many numbers are a tax id number?
12
How do you calculate the sales tax using decimals and percents?
Calculation of Sales Tax is very simple by using decimals. Multiply the taxable turnover with the rate of tax and put decimal before 2 degits. In other words multiply the taxable turnover with rate of percentage of tax and put decimal before 2 digits. Example: 10000 x 5 = 50000 put decimal before 2 digits 500.00. 10000 x 16 = 160000 put decimal before 2 digits 1600.00 Reply From: ABHIVIRTHI Tax and Industrial Consultancy R.R.JAGADEESAN VAT PRACTITIONER AND INDUSTRIAL CONSULTANT H-63, Palaami Enclave, New Natham Road, Madurai-625014. Cell: 9994990599
How do you find tax?
multiply the number by 6%
