Tax Revenue Calculator

✖Tax Liability is the portion of the tax base that is collected, and they come in many forms, including income, property, capital gains, and sales taxes.ⓘ Tax Liability [TL]			+10% -10%
✖A Taxpayer is an individual or business entity that is obligated to pay taxes to a federal, state, or municipal government body.ⓘ Taxpayer [Tp]			+10% -10%

✖Tax Revenue is money collected by a government body from its constituents for public spending.ⓘ Tax Revenue [T]

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Formula

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Tax Revenue

Formula

`"T" = "TL"*"Tp"`

Example

`"800000"="4000"*"200"`

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Tax Revenue Solution

STEP 0: Pre-Calculation Summary

Formula Used

Tax Revenue = Tax Liability*Taxpayer
T = TL*Tp
This formula uses 3 Variables

Variables Used

Tax Revenue - Tax Revenue is money collected by a government body from its constituents for public spending.
Tax Liability - Tax Liability is the portion of the tax base that is collected, and they come in many forms, including income, property, capital gains, and sales taxes.
Taxpayer - A Taxpayer is an individual or business entity that is obligated to pay taxes to a federal, state, or municipal government body.

STEP 1: Convert Input(s) to Base Unit

Tax Liability: 4000 --> No Conversion Required
Taxpayer: 200 --> No Conversion Required

STEP 2: Evaluate Formula

Substituting Input Values in Formula

T = TL*Tp --> 4000*200

Evaluating ... ...

T = 800000

STEP 3: Convert Result to Output's Unit

800000 --> No Conversion Required

FINAL ANSWER

800000 <-- Tax Revenue

(Calculation completed in 00.004 seconds)

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Created by Kashish Arora

Satyawati College (DU), New Delhi

Kashish Arora has created this Calculator and 50+ more calculators!

Verified by Vishnu K

BMS College of Engineering (BMSCE), Bangalore

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< 18 Public Finance Calculators

Cost Benefit Analysis

Go Benefit Cost Ratio = (sum(x,0,Number of Periods,(Cash Flow of Benefits/(1+(0.01*Discount Rate))^x)))/(sum(x,0,Number of Periods,(Cash Flow of Costs/(1+(0.01*Discount Rate))^x)))

Marginal Propensity to Consume

Go Marginal Propensity to Consume = Consumption/(Disposable Income*(Revenue-Tax Imposed))

Tax Incidence for Customers

Go Tax Incidence = 100*(Elasticity of Supply/(Elasticity of Demand+Elasticity of Supply))

Tax Incidence for Producers

Go Tax Incidence = 100*(Elasticity of Demand/(Elasticity of Demand+Elasticity of Supply))

Tax Burden for Customers

Go Tax Burden = Elasticity of Supply/(Elasticity of Demand+Elasticity of Supply)

Tax Burden for Suppliers

Go Tax Burden = Elasticity of Demand/(Elasticity of Demand+Elasticity of Supply)

Budget Balance

Go Budget Balance = Tax Revenue-Government Consumption-Transfer Payments

Tax Multiplier

Go Tax Multiplier = ((1-Marginal Propensity to Consume)/Marginal Propensity to Save)

Tax Elasticity

Go Tax Elasticity = Change in Tax Revenue/Change in Economic Activity

Marginal Tax Rate

Go Marginal Tax Rate = Change in Taxes Paid/Change in Taxable Income

Marginal Propensity to Save

Go Marginal Propensity to Save = Change in Savings/Change in Income

Debt to GDP Ratio

Go Debt to Gdp = Total Debt of Country/Gross Domestic Product (GDP)

Budget Deficit

Go Budget Deficit = Government Expenditure-Government Income

Tax Buoyancy

Go Tax Buoyancy = Change in Tax Revenue/Change in GDP

Average Tax Rate

Go Average Tax Rate = Tax Paid/Net Income

Tax Liability

Go Tax Liability = Tax Base*0.01*Tax Rate

Tax Revenue

Go Tax Revenue = Tax Liability*Taxpayer

Laffer Curve

Go Revenue = Tax Rate*Taxable Base

Tax Revenue Formula

Tax Revenue = Tax Liability*Taxpayer
T = TL*Tp

What is Tax Revenue?

Tax revenue is an important source of income for governments worldwide. Tax revenue is collected by governments through various taxes, such as income tax, property tax, and sales tax. The revenue collected from taxes is used to fund public services and programs, pay government salaries, and invest in infrastructure development.

How to Calculate Tax Revenue?

Tax Revenue calculator uses Tax Revenue = Tax Liability*Taxpayer to calculate the Tax Revenue, The Tax Revenue formula is defined as the revenues collected from taxes on income and profits, social security contributions, taxes levied on goods and services, payroll taxes, taxes on the ownership and transfer of property, and other taxes. Tax Revenue is denoted by T symbol.

How to calculate Tax Revenue using this online calculator? To use this online calculator for Tax Revenue, enter Tax Liability (TL) & Taxpayer (Tp) and hit the calculate button. Here is how the Tax Revenue calculation can be explained with given input values -> 820000 = 4000*200.

FAQ

What is Tax Revenue?

The Tax Revenue formula is defined as the revenues collected from taxes on income and profits, social security contributions, taxes levied on goods and services, payroll taxes, taxes on the ownership and transfer of property, and other taxes and is represented as T = TL*Tp or Tax Revenue = Tax Liability*Taxpayer. Tax Liability is the portion of the tax base that is collected, and they come in many forms, including income, property, capital gains, and sales taxes & A Taxpayer is an individual or business entity that is obligated to pay taxes to a federal, state, or municipal government body.

How to calculate Tax Revenue?

The Tax Revenue formula is defined as the revenues collected from taxes on income and profits, social security contributions, taxes levied on goods and services, payroll taxes, taxes on the ownership and transfer of property, and other taxes is calculated using Tax Revenue = Tax Liability*Taxpayer. To calculate Tax Revenue, you need Tax Liability (TL) & Taxpayer (Tp). With our tool, you need to enter the respective value for Tax Liability & Taxpayer and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.

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