What Is State And Local Sales Tax?
State ,country and municipal taxes may be referred to as local taxes ,as opposed to federal taxes.This calculator helps to find such tax amount in seconds. Using State and Local Tax Calculator we can get the value of State Tax Amount , Use Tax Amount , Local Tax Amount in consideration with percentage and also we can find the total amount including all tax amount . By using following formula -:
State Tax Amount:
STA = P * ( ST / 100 )
Where
A = Net Price
ST = State Tax
STA = State Tax Amount
Use Tax Amount:
UTA = P * ( UT / 100 )
Where
P = Net Price
UT = Use Tax
UTA = Use Tax Amount
Local Tax Amount:
LTA = P * ( LT / 100 )
Where
LTA = Local Tax Amount
P = Net Price
LT = Local Tax
Total Amount (include all above tax amount):
TA = STA + UTA + LTA + P
Where
TA = Total Amount (include all above tax amount)
STA = State Tax Amount
UTA = Use Tax Amount
LTA = Local Tax Amount
How to use State and Local Sales Tax Calculator?
Step by step procedure for State and Local Sales Tax Calculator is as follows.
Step 1: Input appropriate value .
Step 2: Now click on "Calculate" button to get result.
You will get State Tax Amount , Use Tax Amount , Local Tax Amount , Total Amount (including all tax amount) as per your value input.