Special consumption tax is known as an indirect tax applied to goods to regulate social consumption. So how is special consumption tax determined? Follow the content of the following article by MISA MeInvoice to find the most accurate answer.How to calculate special consumption tax and special consumption tax rate
How to calculate special consumption tax and special consumption tax rate
Note: Before learning about how to calculate special consumption tax, you can find out the
information you need to know about special consumption
tax and indirect tax in the article below.
Learn more:
[New] What is special consumption tax ? Who is subject to special consumption tax?
[New] What is indirect tax ? Characteristics and types of indirect tax
Table of Contents Hide
1. Formula for calculating Special belgium telegram data Consumption Tax
2. Price level applied to calculate special consumption tax
3. Tax rates and special consumption tax schedule 2023
4. Sample exercises on how to calculate special consumption tax
5. Conclusion
1. Formula for calculating Special Consumption Tax
formula for calculating special consumption tax
Formula for calculating Special is also worth paying some attention to Consumption Tax
Calculating special consumption tax is to determine the amount of tax payable arising in the process of buying and selling goods and services. The basis used to determine the amount of special consumption tax payable is based on the taxable canada data price of taxable goods and services and the special consumption tax rate.
The general formula for determining the amount of excise tax is:
Special consumption tax amount = Special consumption tax calculation price x Special consumption tax rate
2. Price level applied to calculate special consumption tax
Depending on the nature of the goods and services, individuals and organizations conducting business will have a way to determine the price for calculating special consumption tax. Below are the cases of determining the price subject to special consumption tax according to the provisions of law, specifically as follows.
Price for calculating special consumption tax on domestically produced and imported goods
Price for calculating special consumption tax = Selling price does not include VAT – Environmental protection tax (if any)
1 + Special consumption tax rate
Price for calculating special consumption tax on taxable goods
Price for calculating special consumption tax = Selling price does not include VAT
1+ Special consumption tax rate