As a reminder, the formula to calculate the DSCR is as follows: Net Operating Income / Total Debt Service. Place your cursor in cell D3. The formula in Excel will begin with the equal sign.

Sales tax is a percentage of a retail price. To calculate it, convert the state sales tax percentage to a decimal, then multiply it by the retail price of the product or service.

Here’s how the sales tax deduction works, how to calculate what to write off, and how to evaluate your options so you can maximize savings and cut your tax bill.

What is a value-added tax (VAT)? A value-added tax (VAT) is very similar to a traditional sales tax, in that the consumer pays it at the point of purchase.

What's adjusted gross income, also known as AGI? Here's what to know about this important income tax calculation.

How to calculate You can also calculate a company's pre-tax profit if you know its net income and tax rate. Net income is a company's earnings after taxes have been taken out.

Nearly six days after releasing the excel utility of ITR-5, income tax department on Thursday released the utility of ITR-6 as well.

Find out what you need to do to calculate your income tax, National Insurance and VAT if you;re self-employed.

Income Tax Filing: ITR-5 excel form now live – Who should opt for it? Details here The income tax department has activated ITR-5 for online filing, applicable to firms, LLPs, AOPs, and BOIs.

With data showing one in four 15-year-olds struggle to understand a simple text, Denmark is scrapping its 25% VAT on books, the world's highest tax, in a effort to tackle a growing literacy crisis.