The word tax taken from the Latin ‘taxo’ which means obligatory monetary fares or some classifications of levies forced on taxpayers, taxpayers could be personals or other legal institutions. Failure to pay, together with nonacceptance of taxation, can be penalized by law. Tax consists of indirect or direct taxes and can be paid in the form of money or equivalent to labor.
Most countries have a tax system that is utilized to pay for public needs also to build public facilities that are mutually agreed upon. several levies are a fixed percentage rate of personal annual revenue, but most tax scales are based on annual revenue. Most countries force taxes on corporate revenue or dividends. Countries usually also impose property taxes, sales taxes, value added taxes, salary or tariff taxes.
This website supplies many templates of various categories of taxes mentioned above, so you could easily do your tax estimates both individual or legal organizations.
These templates can also be used for students who learn about taxes to complete their homework assignments. Also for workers who do organization tax estimation in their daily job. Hope this helps you all.
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