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 & MaqasaImpôts

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.

Comptabilité et Amortissement Sociétés et Entreprises Affaires et Entreprises

Résultat Calculé

Net Base Amount (Pre-Tax)

₪0

Données du Simulateur

Calculation Mode

Invoice / Transaction Amount

₪

Sélection rapide :

Résultat Calculé

Net Base Amount (Pre-Tax)

0₪

VAT Amount (16%)

₪0

Gross Total (Inclusive of 16% VAT)

₪0

Statutory Rate (%)

₪0

Méthodologie de Calcul

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

Avertissement Légal et Pédagogique

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

Ce simulateur est conçu à des fins éducatives et informatives. Les résultats ne constituent pas un conseil financier, fiscal ou juridique contraignant.

Foire Aux Questions

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