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The Impact of Tax Exclusive and Inclusive Prices on  Form

The Impact of Tax Exclusive and Inclusive Prices on Form

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foreign exclusive and that inclusive how to calculate the amount including vit how to calculate the amount excluding vat how to calculate the vit amount how to calculate the vit rate if you know the fat inclusive and that exclusive amounts let's start with that first one how to calculate the amount including vit what we know in this example is that the amount excluding vat is 100 euros and the vat rate is 21 percent there are two ways to calculate the amount including vit the first one is what I call the line item method just like companies do on an invoice you add a separate line for the vat amount the vit amount is equal to the VTE rate times the amount excluding vat 21 of 100 euros equals 0.21 times 100 Euros which equals 21 Euro now we have two numbers to add up for the amount excluding vat of 100 euros plus the vat amount of 21 euros the sum of that the amount including vat is 121 euros the second way to calculate the amount including vat is what I call the formula method

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