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How to calculate 9 points of tax

Calculation of 9 points of VAT:Total invoice price tax/(1 9%)*9%. For example, the seller's contract stipulates the amount of $10, the contract business belongs to the applicable tax rate of 9% of the industry, the seller should bear the tax point 9% of the value-added tax, that is, the seller should issue the invoice of the total out of the price tax of $10, the invoice excludes tax (the amount of recognized income) = 10/1.09 = 9.17.9% tax point VAT output tax = 10/1.09*0.09=0.83. The above is how to calculate the amount of 9 points of tax The related content.

Overview of 9-point tax

VAT is an out-of-the-money tax, and the tax is independent of the price. For example, if you get transportation services for $109 and the price of the transportation service is $109/1.09 = $100, the 9% tax point is $9. The current tax law states that the industries to which the 9% tax point applies are: transportation, construction, real estate leasing, real estate sales, and agricultural sales. For example, a 9% tax seller obtains VAT invoices for other purchasing business, which can offset the 9% tax generated from the sales business. The amount of VAT = output tax - input tax, and the 9-point tax rate is one of the many tax rates, which taxpayers declare and pay on a monthly basis. This article is written about how to calculate the 9-point tax rate, for reference only.