- Tax definition math example Little do i know, I',, be using the info now that I'm working. Top definition is 'A capital tax on property imposed by municipalities; based on the estimated value of the property. lol. Mr Heng is entitled to PTR of $5,000 in respect of his first child born in 2018 which is used to offset his income tax payable for YA 2019. If the company does not remit the sales tax at the end of the month, it would record a liability until An equation is a mathematical statement that two things are equal. In high school we had several mathematics classes including on in business math and economics. The student will be able to calculate the amount of discount, sale price, and sales tax for a dollar amount. 2. For purposes hereof “Tax Withholding Obligation” means the amount the Company is required to withhold and pay over to a governmental entity for the account of Executive with respect to any domestic or foreign tax withholding obligation (whether national, federal, state or local, including any social Improve your math knowledge with free questions in "Percents - calculate tax, tip, mark-up and more" and thousands of other math skills. Unlimited math practice with meaningful, up-to-date tracking on your child's progress. 12) will be used to offset his income tax payable in subsequent years until the rebate has been fully utilised. The student will be able to calculate the total cost of an item based on percent discount and sales tax. 4. The remaining amount ($5,000 - $183. Example. For example: It consists of two expressions, one on each side of an 'equals' sign. In mathematics the difference is the result of subtracting one number from another, and represents the operation of removing objects from a collection. . 3. For instance, assume a retailer collects sales tax for every sale it makes during the month. '. The student will be able to mentally calculate amount of discount, sale price, sales tax, and total cost for an item that is 10% off and 5% sales tax. It consists of two expressions, one on each side of an 'equals' sign. Definition of Tax Withholding Obligation. The problem is tht it does not understand me back. The sales tax collected does not have to be remitted to the state until the 15th of the following month when the sales tax returns are due. The term “Tax” as used herein shall mean any taxes, however denominated, including income tax, capital gains tax, value-added tax, sales tax, property tax, gift tax…Property tax meaning and example sentences with property tax. Definition of Tax and Tax Return. It was a nightmare for me back then. I understand the importance of mathematics in economics or in everyday life Tax definition math example