What is the difference between a tip and a gratuity?
A tip or gratuity is an extra sum of money paid to certain service workers for a provided service. Tip amounts, as well as acceptance, vary in different parts of the world. In some countries in East Asia such as Japan, tips are seen as insulting and can sometimes be interpreted as a bribe. In yet other countries such as the United States …
How is the tip calculated on a tip calculator?
The Tip Calculator calculates tip amount for various percentages of the cost of the service, and also provides a total amount that includes the tip. In the US, a tip of 15% of the before tax meal price is customary. If the sales tax rate in an area is between 6% and 9%, a tip of 14% of the after-tax price is typically expected.
Is it offensive to tip someone in another country?
As previously mentioned, tipping can be offensive in some countries, so although a citizen of the United States that is visiting another country may want to express their appreciation of the service provided, the gesture may in some cases result in the opposite effect.
Do you have to tip if you are a tourist?
As such, as a tourist, it can be helpful to research the tipping customs in the countries being visited. In the U.S. or any other country where tipping is expected, depending on the restaurant or the number of patrons at a table, gratuity may be automatically applied to the bill amount.
What to do if you have a tip for the DEA?
Your information will be reviewed promptly by a DEA special agent or a professional staff member. NOTE: If you witness an event that may lead to immediate threat to human health or safety, you should report it to your local police or law enforcement authority. Report illegal prescription drug sales or suspicious pharmacies on the Internet here.
How often do you get interest on tips?
TIPS pay interest twice a year, at a fixed rate. The rate is applied to the adjusted principal; so, like the principal, interest payments rise with inflation and fall with deflation. You can buy TIPS from us in TreasuryDirect.
How to submit a tip on USMS tips?
When you submit a tip using the USMS Tips mobile app, you can choose to receive push notifications to stay connected with us. To submit a tip on your PC, tablet, or smart device, simply click the link below for quick access to USMS Tips web application.
Is there a Guaranteed Rate of return on tips?
TIPS may not be the most exciting investment around, but they are the only securities that provide a guaranteed real rate of return by the U.S. federal government. Don’t dismiss how powerful an investment like this can be, especially if you ever plan to retire.