The phrase tax originally from the Latin ‘taxo’ which means compulsory economy fares or some categories of levies foisted on taxpayers, taxpayers can be privates or other legal entities. Failure to pay, together with nonacceptance of taxation, could be punished 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 private annual revenue, but most tax scales are based on annual revenue. Most countries push taxes on corporate revenue and dividends. Countries frequently also foist property taxes, sales taxes, value added taxes, salary or tariff taxes.
This website supplies many templates of various clasification of taxes stated above, so you could easily do your tax calculations both private or legal entities.
These templates could also be used for students who learn about taxes to complete their homework assignments. Also for workers who do company tax estimates in their daily work. Hope this helps you all.
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