Tax Revenue Formula

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Tax Revenue is money collected by a government body from its constituents for public spending. Check FAQs
T=TLTp
T - Tax Revenue?TL - Tax Liability?Tp - Taxpayer?

Tax Revenue Example

With values
With units
Only example

Here is how the Tax Revenue equation looks like with Values.

Here is how the Tax Revenue equation looks like with Units.

Here is how the Tax Revenue equation looks like.

800000Edit=4000Edit200Edit
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Tax Revenue Solution

Follow our step by step solution on how to calculate Tax Revenue?

FIRST Step Consider the formula
T=TLTp
Next Step Substitute values of Variables
T=4000200
Next Step Prepare to Evaluate
T=4000200
LAST Step Evaluate
T=800000

Tax Revenue Formula Elements

Variables
Tax Revenue
Tax Revenue is money collected by a government body from its constituents for public spending.
Symbol: T
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.
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.
Symbol: TL
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.
Taxpayer
A Taxpayer is an individual or business entity that is obligated to pay taxes to a federal, state, or municipal government body.
Symbol: Tp
Measurement: NAUnit: Unitless
Note: Value should be greater than 0.

Other formulas in Public Finance category

​Go Tax Incidence for Customers
TI=100(ESED+ES)
​Go Tax Incidence for Producers
TI=100(EDED+ES)
​Go Tax Burden for Customers
TBr=ESED+ES
​Go Tax Burden for Suppliers
TBr=EDED+ES

How to Evaluate Tax Revenue?

Tax Revenue evaluator uses Tax Revenue = Tax Liability*Taxpayer to evaluate 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 evaluate Tax Revenue using this online evaluator? To use this online evaluator for Tax Revenue, enter Tax Liability (TL) & Taxpayer (Tp) and hit the calculate button.

FAQs on Tax Revenue

What is the formula to find Tax Revenue?
The formula of Tax Revenue is expressed as Tax Revenue = Tax Liability*Taxpayer. Here is an example- 820000 = 4000*200.
How to calculate Tax Revenue?
With Tax Liability (TL) & Taxpayer (Tp) we can find Tax Revenue using the formula - Tax Revenue = Tax Liability*Taxpayer.
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