Tax blog: guides, worked examples and explainers – page 28

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

• Reverse VAT in Vietnam: find the net price from a gross price

  Why you cannot just subtract 10% from a gross price in Vietnam, and the correct formula for extracting VAT.

• How to price products with 19% VAT in Chile

  How to set a selling price in Chile that hits a target profit margin and then adds 19% VAT, with the formulas side by side.

• Extracting 18% VAT from a Israel price

  Why you cannot just subtract 18% from a gross price in Israel, and the correct formula for extracting VAT.

• Tax refunds for side hustlers: a practical guide

  Tax refunds explained for side hustlers, with a worked example, a checklist and the mistakes to avoid.

• Inheritance and estate tax explained for expats

  Inheritance and estate tax explained for expats, with a worked example, a checklist and the mistakes to avoid.

• How to remove sales tax from a Nunavut price

  Find the pre-tax price from a tax-inclusive total in Nunavut by dividing by 1.05.

• Extracting 18% GST from a India price

  Why you cannot just subtract 18% from a gross price in India, and the correct formula for extracting GST.

• Calculating 23% VAT after a discount in Slovakia

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

• Adding 20% VAT in Austria: step by step

  A step-by-step method for adding 20% VAT to any net price in Austria, with a ready-made table of common amounts.

• Tax refunds: what families need to know

  Tax refunds explained for families, with a worked example, a checklist and the mistakes to avoid.

• Reverse sales tax in Newfoundland and Labrador: find the pre-tax price

  Find the pre-tax price from a tax-inclusive total in Newfoundland and Labrador by dividing by 1.15.

• Restaurant bills in Quebec: tax and tip

  How restaurant tax works in Quebec and how to calculate a tip on the pre-tax amount.

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

  How import duty and 18% VAT stack up on shipments into Malta, with a worked landed-cost example.

• Calculating 18% VAT after a discount in Tanzania

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

• What it really costs to import into Georgia

  How import duty and 18% VAT stack up on shipments into Georgia, with a worked landed-cost example.

• Sales tax in Nevada: rates, examples and what to watch for

  The 6.85% state sales tax rate in Nevada, how local rates add on top, and a worked example for shoppers and sellers.

• Net profit after tax explained for content creators

  Net profit after tax explained for content creators, with a worked example, a checklist and the mistakes to avoid.

• Inheritance and estate tax explained for content creators

  Inheritance and estate tax explained for content creators, with a worked example, a checklist and the mistakes to avoid.

• How to show 22% VAT on an invoice in Russia

  The details a VAT invoice in Russia normally needs, how to lay out tax per line, and a worked invoice example at 22%.

• Capital gains tax for Connecticut residents

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