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VAT Calculator Argentina

Argentinian value added tax is collected at a standard rate of 21 %. The tax is collected at every stage of manufacturing and distribution process. However it is enough for the citizens to pay tax only on the value added.
There is a reduced tax amount of 10.5 % for certain goods and services including sales and import of cattle or sheep, import of fruits and vegetables under certain conditions, etc...

Other Countries

Argentinian value added tax is collected at a standard rate of 21 %. The tax is collected at every stage of manufacturing and distribution process. However it is enough for the citizens to pay tax only on the value added.
There is a reduced tax amount of 10.5 % for certain goods and services including sales and import of cattle or sheep, import of fruits and vegetables under certain conditions, etc...

Formula:

Add Tax Tax Amount = ( Original Cost * VAT% ) / 100 Net Price = Original Cost + Tax Amount
Remove Tax Tax Amount = Original Cost - ( Original Cost * ( 100 / ( 100 + VAT% ) ) ) Net Price = Original Cost - Tax Amount

There is also increased tax of 27 % for certain services including telecommunication services, few other services. Some services are also exempted from VAT.

Example

Find the VAT price and net price in Argentina (GST % is 21) for an amount of 25000 \$

Solution :
GST % = 21
Amount = 25000

Step 1 :
GST Price = (25000 * 21 ) / 100
= 5250 \$

Step 2 :
Net Price = 25000 + 5250
= 30250 \$

Hence the VAT Price is 5250 \$ and Net Price is 30250 \$

Remove Tax

Solution :
GST % = 21
Amount = 25000

Step 1 :
GST Price = 25000 - (25000 * ( 100 / (100 + 21)))
= 25000 - (25000 * 0.83)
= 25000 - 20661.16
= 25000 - 20661.16
GST Price = 4338.84 \$

Step 2 :
Net Price = 25000 - 4338.84
= 20661.16 \$

Hence the VAT Price is 4338.84 \$ and Net Price is 20661.16 \$

There is also increased tax of 27 % for certain services including telecommunication services, few other services. Some services are also exempted from VAT.