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To calculate the tax amount, multiply the cost of the item by the tax rate. For example, if the cost of the item is $50 and the tax rate is 10%, the tax amount would be $5.
The purpose of adding tax to the cost of an item is to generate revenue for the government. This revenue is then used to fund public services and infrastructure.
The tax rate varies depending on the location and type of item being taxed. It is determined by the government and is typically a percentage of the cost of the item.
It depends on the laws and regulations in your location. In most cases, tax must be added to purchases of goods and services, but there may be exceptions or exemptions for certain items.
In most cases, taxes are non-refundable. However, if you believe you were charged an incorrect amount of tax, you may be able to request a refund or correction from the taxing authority.