The phrase tax originally from the Latin ‘taxo’ which means compulsory financial costs or several types of levies imposed on taxpayers, taxpayers could be privates or another legal entities. Failure to pay, together with rejection of taxation, could be penalized by law. Tax consists of direct or indirect taxes and 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. several levies are a fixed percentage rate of individual annual income, but most tax scales are based on annual revenue. Most countries foist taxes on corporate revenue also dividends. Countries generally also impose property taxes, sales taxes, value added taxes, salary or tariff taxes.
This blog supplies many templates of various categories of taxes declared above, so you can easily do your tax estimation both private and legal entities.
These templates can also be utilized for students who study about taxes to complete their homework assignments. Also for workers who do corporate tax estimates in their daily work. Hope this helps you all.
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