The phrase tax comes from the Latin ‘taxo’ which means compulsory monetary costs or some kinds of levies imposed on taxpayers, taxpayers can be individuals or other legal organizations. Failure to pay, together with nonacceptance of taxation, can be punished 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 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 nations force taxes on corporate income or dividends. Nations frequently also impose property taxes, sales taxes, value added taxes, salary or tariff taxes.
This site supplies many templates of various clasification of taxes stated above, so you could easily do your tax calculations both private and legal institutions.
These templates could also be used for students who learn about taxes to complete their homework assignments. Also for workers who do company tax estimation in their daily work. Hope this inspires you all.
Please download this template based on the size of the resolution you need, don’t forget to give a rating and share this site with your circles.