Tax blog: guides, worked examples and explainers – page 19

Practical guides with worked examples, each linked to a calculator you can use straight away.

• How to calculate sales tax in Maine

  The simple formula for sales tax in Maine, how to include local rates, and how to reverse it from a receipt.

• Capital gains tax for Maine residents

  How federal and Maine state taxes apply to capital gains, with a worked example.

• VAT versus sales tax: what expats need to know

  VAT versus sales tax explained for expats, with a worked example, a checklist and the mistakes to avoid.

• Take-home pay in North Dakota: federal, state and FICA explained

  How federal income tax, North Dakota state tax and FICA come out of each paycheck, with an example for a biweekly pay schedule.

• Should you tip on the pre-tax or post-tax total in West Virginia?

  How restaurant sales tax works in West Virginia and why many diners tip on the pre-tax amount.

• Selling an asset in Greece? Estimating capital gains tax

  How to estimate capital gains tax on shares, property or other assets sold in Greece: gain, costs, rate and net proceeds.

• Property tax in Montana: estimating your annual bill

  Estimate Montana property tax from assessed value and your local rate, and plan for it monthly.

• Capital gains tax for Rhode Island residents

  How federal and Rhode Island state taxes apply to capital gains, with a worked example.

• Writing a VAT invoice in Lebanon: what to include

  The details a VAT invoice in Lebanon normally needs, how to lay out tax per line, and a worked invoice example at 11%.

• Small business sales tax basics in Saskatchewan

  When a small business in Saskatchewan must register for GST/HST, and how provincial tax registration fits in.

• Import duty and VAT in Chile: how to estimate the landed cost

  How import duty and 19% VAT stack up on shipments into Chile, with a worked landed-cost example.

• Calculating 20% VAT after a discount in Austria

  Whether VAT in Austria is charged before or after a discount, with a worked example and the difference in what the customer pays.

• After-tax investment returns: what investors need to know

  After-tax investment returns explained for investors, with a worked example, a checklist and the mistakes to avoid.

• Withholding tax explained for small business owners

  Withholding tax explained for small business owners, with a worked example, a checklist and the mistakes to avoid.

• Take-home pay in Massachusetts: federal, state and FICA explained

  How federal income tax, Massachusetts state tax and FICA come out of each paycheck, with an example for a biweekly pay schedule.

• Should you tip on the pre-tax or post-tax total in Connecticut?

  How restaurant sales tax works in Connecticut and why many diners tip on the pre-tax amount.

• Property tax in Wyoming: estimating your annual bill

  Estimate Wyoming property tax from assessed value and your local rate, and plan for it monthly.

• How tax brackets work for small business owners: a practical guide

  How tax brackets work explained for small business owners, with a worked example, a checklist and the mistakes to avoid.

• Discounts and VAT in Morocco: which comes first?

  Whether VAT in Morocco is charged before or after a discount, with a worked example and the difference in what the customer pays.

• VAT versus sales tax explained for retirees

  VAT versus sales tax explained for retirees, with a worked example, a checklist and the mistakes to avoid.