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Hi Mark. Let's say the taxable amount is the quantity A. Then A x (0.06) = GST. So I should be able to take the GST amount, divide by 0.06 and get the For example, if the GST was $18, then I calculate Does this make sense? Do the calculation the other way: what is the You could use the PST calculation the same way. Assuming you are not in Quebec where the one tax is charged after the other is applied, you should get the same values: If the GST is $1.50, then If the PST is $2.00, then The figures match (as they should). In Quebec it's more complicated because they must pay tax on tax. Cheers, | ||||||||||||
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