The word tax taken from the Latin ‘taxo’ which means obligatory financial fares or some classifications of levies foisted on taxpayers, taxpayers could be personals or another legal entities. Failure to pay, together with nonacceptance of taxation, could be penalized by law. Tax consists of direct or indirect taxes and could be paid in the form of money or equivalent to labor.
Most nations own a tax system that is used to pay for public needs and to construct public facilities that are mutually agreed upon. several levies are a fixed percentage rate of personal annual income, but most retribution scales are based on annual revenue. Most nations impose taxes on corporate revenue and dividends. Nations commonly also force value added taxes, property taxes, salary or tariff taxes, sales taxes.
This website provides many templates of various categories of taxes declared above, so you can easily do your tax estimates both private or legal entities.
These templates can also be used for students who learn about taxes to complete their homework assignments. Also for workers who do entity tax estimates in their daily job. Hope this helps you all.
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