Sales Tax Calculator + Reverse Sales

The sales and reverse sales tax calculator helps you calculate the tax amount, gross price, net price, and tax amount.

Enter the sales tax percentage and the net price to determine the sales tax amount and gross price.

Enter the sales tax percentage and gross price to calculate the net price and tax amount.

Sales taxes are paid to a government for selling products and services. The vendor can usually collect tax from the buyer at the point of sale. When paid directly to a government body, it is called a use tax.

Reverse sales tax calculates a product’s initial price from its selling price and sales tax.

You might be interested in finding your marginal revenue or LIFO amount.

References

• Grierson, S., Sims, A., Konn, L., & Cascio, V. (2001). US sales tax. International Tax Review, (4), 84.
• Carbonnier, C. (2007). Who pays sales taxes? Evidence from French VAT reforms, 1987–1999. Journal of Public Economics, 91(5-6), 1219-1229.