The word tax taken from the Latin ‘taxo’ which means compulsory economy fees or several types of levies forced on taxpayers, taxpayers can be privates or other legal entities. Failure to pay, together with rejection of taxation, can be penalized by law. Tax consists of direct or indirect 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 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 foist taxes on corporate income and dividends. Nations often also foist value added taxes, property taxes, salary or tariff taxes, sales taxes.
This website supplies many templates of various categories of taxes mentioned above, so you could easily do your tax estimates both individual and legal organizations.
These templates can also be utilized for students who study about taxes to complete their homework assignments. Also for workers who do corporate tax calculations in their daily job. Hope this inspires you all.
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