How to calculate the average tax rate on an income tax?
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byran
Apprentice
Joined: 12 Jan 2006
Posts: 4
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 Posted: 06/26/08 - 04:47 Post subject: |
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| I am having a little bit of problem with trying to calculate average tax rate or an income tax rate. I think these two things are not the same, but I am not all that sure at all. I would like to learn something new about all this and I hope that you will help me to do this. So, can you tell me something about these two tax rates and how to make them a couple of numbers for me? |
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gawen
Apprentice
Joined: 11 Feb 2008
Posts: 3
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| Posted: 07/26/08 - 02:30 Post subject: |
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| These two tax rates are not the same and you are right about this, but I don’t know if you will be able to do all this on your own with no any help from the outside. I would like to make a difference between these two. They can’t be view separately so I guess you had every intention to calculate average tax rate on an income tax. This is what we use statutory tax for. You have pay grades and the first one is used for the lowest pay grade and you accumulate a couple of these for the highest. At least this is what I think that goes on when you are calculating average tax rate on an income tax. |
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