Single Tax Example
Subtotal: $100.00
Tax Rate: 8.00%
Tax Amount: $8.00
Total Amount: $108.00
Two Taxes Example
Subtotal: $100.00
Tax Rate 1: 8.00%
Tax Rate 2: 10.00%
Tax Amount 1: $8.00
Tax Amount 2: $10.00
Total Amount: $118.00
Compound Tax Example
Subtotal: $100.00
Tax Rate 1: 8.00%
Tax Rate 2: 10.00%
Tax Amount 1: $8.00
Tax Amount 2: $10.80
Total Amount: $118.80
No Tax
No tax is applied.
What are the different types of taxes and how are they calculated? Print
Modified on: Wed, 17 Oct, 2018 at 4:21 PM
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