How do you extract 16% VAT from a gross total invoice?

Divide the gross invoice amount by 1.16 to find the pre-tax net cost, then subtract the net cost from the gross amount to isolate the exact 16% VAT portion.

What are Maqasa invoices in Palestine?

Maqasa invoices are specialized tax clearance invoices used for commercial trade between Palestinian businesses and trade channels, facilitating statutory tax reconciliation with the Ministry of Finance.

PalestinePalestine 16% VAT & MaqasaTaxes

Palestine VAT & Sales Tax Calculator 16% (Maqasa)

Calculate official Palestinian 16% Value Added Tax (VAT) for invoices, commercial businesses, and Maqasa clearances. Add 16% to net prices or extract tax component from inclusive invoice totals in ILS, JOD, and USD.

Accounting & Depreciation Corporate & Enterprise Business & Companies

Calculated Result

Net Base Amount (Pre-Tax)

₪0

Calculator Inputs

Calculation Mode

Invoice / Transaction Amount

₪

Quick select:

Calculated Result

Net Base Amount (Pre-Tax)

0₪

VAT Amount (16%)

₪0

Gross Total (Inclusive of 16% VAT)

₪0

Statutory Rate (%)

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Calculation Methodology

Adding VAT: Tax = Net Amount * 16%, Total = Net + Tax. Extracting VAT: Net Base = Total / 1.16, Tax Amount = Total - Net Base.

Important Legal & Educational Disclaimer

This tool calculates statutory 16% Value Added Tax governed by the Palestinian Ministry of Finance - General Directorate of Customs, Excise, and VAT.

This calculator is designed for educational and informational purposes only based on public statutory frameworks. The outputs do not constitute binding financial, tax, or legal advice. We assume no liability for decisions made based on these estimations. Always verify with the relevant official authorities or a certified professional advisor.

Frequently Asked Questions

The standard statutory Value Added Tax (VAT) rate in the Palestinian Territories is 16%, applied across retail, commercial supply chains, and taxable services.