Understanding Taxable Sales Amount
In this article, you will understand what constitutes a taxable sale.
Use Case: What's the taxable sales amount for an event with tickets exempt from 10% sales tax but add-ons are not?
Consider this - a booking with 2 seats purchased at $50 each with 2 add-ons worth $25 each. The gross sales is $100 (tickets) + $50 (add-ons).
Taxable Sales Amount: $50
Tax Amount : $5