Sales or Service Tax

HISTORY

# Sales or Service Tax Calculator

getcalc.com's **Sales or Service (Commercial) Tax Calculator** is an online finance tool to calculate the tax for the net amount or from the gross amount for the product sales or service provided.

## Definition & Formula

**TAX** is a term used in the finance context represents the compulsory contribution to the Government, levied from the individuals' income, business profits, or added to the cost of some goods or services by the Government to fund various public expenditures.

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