Reverse Tax Glossary

Reverse Tax Glossary

This glossary explains the entities used across reverse tax calculations: tax-inclusive price, price before tax, combined tax rate, tax included, gross amount, net amount, stacked tax, zero-rated tax, and exempt items.

Core Terms

• Tax-inclusive total: the final amount after tax is already included.
• Price before tax: the net amount before tax was added.
• Tax included: the tax amount inside the final total.