The phrase tax comes from the Latin ‘taxo’ which means mandatory financial fees or several kinds of levies foisted on taxpayers, taxpayers could be individuals or other legal institutions. Failure to pay, together with declining of taxation, could be penalized by law. Tax consists of indirect or direct taxes also could be paid in the form of money or equivalent to labor.
Most countries have a tax system that is used to pay for public needs and to build public facilities that are mutually agreed upon. Some levies are a fixed percentage rate of personal annual income, but most tax scales are based on annual revenue. Most countries push taxes on corporate revenue and dividends. Nations frequently also force value added taxes, property taxes, salary or tariff taxes, sales taxes.
This site provides many templates of various clasification of taxes declared above, so you can easily do your tax estimation both private or legal entities.
These templates could also be used 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 inspires you all.
Please download this template according to the size of the resolution you need, don’t forget to give a rating and share this blog with your associates.