The word tax comes from the Latin ‘taxo’ which means obligatory financial fees or some categories of levies foisted on taxpayers, taxpayers can be individuals or other legal organizations. Failure to pay, together with refusal of taxation, could be punished by law. Tax consists of indirect or direct taxes or can be paid in the form of money or equivalent to labor.
Most nations own a tax system that is utilized to pay for public needs and to build public facilities that are mutually agreed upon. Some levies are a fixed percentage rate of individual annual revenue, but most tax scales are based on annual revenue. Most countries impose taxes on institution income also dividends. Nations frequently also impose value added taxes, property taxes, salary or tariff taxes, sales taxes.
This site supplies many templates of various categories of taxes declared above, so you can easily do your tax estimates both personal or legal entities.
These templates can also be used for students who study about taxes to complete their homework assignments. Also for workers who do entity tax estimates in their daily work. Hope this inspires you all.
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