The word tax taken from the Latin ‘taxo’ which means compulsory economy fees or several kinds of levies forced on taxpayers, taxpayers could be individuals or another legal organizations. Failure to pay, together with nonacceptance of taxation, could be punished by law. Tax consists of indirect or direct taxes also can be paid in the form of money or equivalent to labor.
Most countries own a tax system that is used to pay for public needs also to construct 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 nations push taxes on corporate income also dividends. Countries 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 could easily do your tax estimation both personal and legal organizations.
These templates can also be utilized for students who learn about taxes to complete their homework assignments. Also for employees who do entity tax estimates in their daily work. Hope this helps you all.
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