How do I compute value-added tax (VAT) for a transaction?

Asked Jun 5, 2015· 1 answer ·United States Dollar

Faisal KhanAnswered Jun 5, 2015

First you have to find out how much the VAT is.

For example if it is 18% you simply multiple your Price by 1.18 to get the final amount with VAT.

If the price of a good is US$ 100 and the VAT is 9%, then your multiplier would be: US$ 100 x 1.09 = US$ 109.

Tax Taxation of Payments VAT on Payments Financial Management United States Dollar

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