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WebA sales tax is a consumption tax paid to a government on the sale of certain goods and services. Usually, the vendor collects the sales tax from the consumer as the consumer … WebTo calculate total income tax based on multiple tax brackets, you can use VLOOKUP and a rate table structured as shown in the example. The formula in G5 is: =VLOOKUP(inc,rates,3,1)+(inc-VLOOKUP(inc,rates,1,1))*VLOOKUP(inc,rates,2,1) where "inc" (G4) and "rates" (B5:D11) are named ranges, and column D is a helper column that … frankie\u0027s food factory terrey hills
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