A Sales Tax Calculator is a tool that helps compute the sales tax amount on a product or service based on the price and applicable tax rate, providing the total cost including tax.
Tax calculations are estimates and may not account for all exemptions or local variations. Verify with local authorities for exact tax amounts.
Calculate total costs including tax to better plan your purchases and budget accordingly.
Understand tax obligations for your business and factor sales tax into pricing strategies.
Track sales tax payments for potential itemized deductions on your federal income tax.
Important: Sales tax calculations provide estimates based on general rates. Local variations, exemptions, and specific product categories may affect actual tax amounts. Always verify with local tax authorities.
Sales tax is a consumption tax charged by the government on goods and services, usually collected at the point of purchase. It is sometimes referred to as VAT or GST in other countries.
Sales tax may be added at checkout or included in the listed price depending on the country's pricing model.
GST is a unified indirect tax applied on goods and services, replacing multiple taxes to simplify the system. It is destination-based and allows businesses to claim input tax credit (ITC).
VAT is a consumption tax applied at each stage of production and distribution. Input tax credit ensures tax is only paid on the value added at each stage.