You’re telling me it’s more difficult to calculate the nrst inclusive rate than it is to calculate the exlusive nrst. That’s wrong. I’ve shown 3 times how easy it is and all you do is say I’m doing it the easy way. LOL. Both ways are easy.
new price using inclusive rate: 132.47*(1+23/77)=172.04
new price using exclusive rate: 132.47*1.2987012=172.04
$38.53 item. How about a 19% nrst?
new price using inclusive rate: 38.53*(1+19/81)=47.57
new price using inclusive rate: 38.53*1.2345679=47.57
It is simple to calculate either method. Both are trivial.
The most difficult thing to do is to change an inclusive rate to an exclusive rate or vice versa. Luckly, it isn't necessary at all. One doesn't need to change from one to another...unless you want to be able to compare today's inclusive rates (income tax rates are inclusive) to an exclusive rate. Why you'd want to do that is a mystery. If you want to compare today's income tax rates - which are inclusive - to some other taxing method (nrst), wouldn't you choose to use the inclusive rate?!
If the rate is inclusive, just use the inclusive method.
You’re telling me it’s more difficult to calculate the nrst inclusive rate than it is to calculate the exlusive nrst.
P x Ti / (1 - Ti)is obviously more difficult than
P x Te
I’ve shown 3 times how easy it is and all you do is say I’m doing it the easy way. LOL.And each time you've left out a step and have shown a simplified calculation. At this point I can't believe that this is anything but an intentional attempt to mislead people.