The word retribution comes from the Latin ‘taxo’ which means mandatory monetary fees or several classifications of levies forced on taxpayers, taxpayers could be individuals or another legal institutions. Failure to pay, together with nonacceptance of taxation, could be punished by law. Tax consists of direct or indirect taxes also could be paid in the form of money or equivalent to labor.
Most countries own a tax system that is utilized to pay for public needs and to build public facilities that are mutually agreed upon. Some levies are a fixed percentage rate of private annual revenue, but most tax scales are based on annual revenue. Most countries force taxes on institution revenue also dividends. Countries generally also foist property taxes, sales taxes, value added taxes, salary or tariff taxes.
This blog supplies many templates of various types of taxes mentioned above, so you could easily do your tax calculations both personal and legal organizations.
These templates could also be used for students who study about taxes to complete their homework assignments. Also for workers who do entity tax estimation in their daily work. Hope this inspires you all.
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