Are you looking for a free API to calculate tax rates? In this article, we’ll show you the easiest way to do it.

Consumption tax is a tax paid on goods and services purchased in a country. This tax may be paid by the purchaser or by the seller, depending on the type of goods or services. In some cases, it is paid by both parties.

The amount of tax paid on a product or service depends on a country’s sales tax rate and the goods’ or services’ price. The total amount of money paid for a product or service is the sum of its price and the sales tax rate multiplied by that price.
The consumption tax rate is expressed as a decimal value between 0 and 1. For example, a rate of 0.10 indicates that 10% of an item’s cost will be taxed.
There are many types of consumption taxes, such as value-added taxes (VAT), goods and services taxes (GST), and excise taxes.

The VAT is one of the most common types of consumption taxes; it is levied on most goods and services sold in retail stores.
The VAT is a form of indirect taxation that is collected at each stage in the production process by businesses that sell products to other businesses or consumers. When the product reaches its final destination, the consumer pays the VAT to their final seller in addition to paying their normal retail price. The VAT is calculated as a percentage (for example, 10%) of the final sale price of a product or service, including any taxes previously charged by other businesses in the production chain. The seller then pays this amount to their local government.

Use An API

If you’re reading this article, you’re likely looking for a way to easily calculate tax rates for your next project. APIs can be very useful in this regard because they allow you to quickly retrieve information from different online resources.
However, not all APIs are free; some require you to pay for them if you want more features than they offer by default. That’s why we want to introduce you an API that allows you to calculate taxes easily; it’s called Taxes API.

To make use of it, you must first:

1- Go to the Taxes API and simply click on the button “Subscribe for free” to start using the API for free during seven days.
2- After signing up in Zyla API Hub, you’ll be given your personal API key. Using this one-of-a-kind combination of numbers and letters, you’ll be able to use, connect, and manage APIs!
3- Employ the different API endpoints depending on what you are looking for.
4- Once you meet your needed endpoint, make the API call by pressing the button “run” and see the results on your screen.

Here’s an example API response:

Why Taxes API?

Taxes API is an application programming interface that allows you to quickly retrieve information about various tax rates around the world; as well as how they are calculated and what they apply to.
This API provides information about all types of taxes; including sales taxes, income taxes, and others. You can use this information to help improve your applications; or to just learn more about how these taxes work in different countries around the world.