Taxes

taxes

Overview

Taxes refers the total amount customers paid in taxes (excluding refunded taxes).

📘

Taxes = The total amount of taxes paid by customers

The calculation is based on data from the Orders table.

Insights and Actions

• Optimize Cash Flow: Use tax collection data to manage cash flow more effectively, ensuring funds are allocated for tax obligations without disrupting operational liquidity.
• Strategic Pricing: Analyze tax data to adjust product pricing strategies across different regions to remain competitive while covering tax costs.
• Tax Liability Forecasting: Leverage detailed tax data to forecast future liabilities, helping in financial planning and avoiding fiscal surprises at tax time.

Example Use

Prompt

What is the total amount of taxes collected over the past month?

Response

Query

SQL

SELECT
  SUM(ot.taxes) AS total_taxes
FROM
  orders_table AS ot
WHERE
  ot.event_date BETWEEN toStartOfMonth (CURRENT_DATE()) - INTERVAL 1 MONTH AND toStartOfMonth  (CURRENT_DATE()) - 1;