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About four hundred billion dollars.
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Which type of tax is collected by a meditating agent and then forwarded to the government?
Corporate Tax
Who pays congresspersons salaries?
Since government does not produce anything to sell, their pay has to be collected from the people they provide a service to in the form of taxes and fee's. Federal taxes are collected from corporations and individuals in the form of corporate excise tax and individual estate taxes. However, income tax collected on your wages is not one of the taxes that pays for government salaries. This tax goes only to service the debt of the money government has borrowed from the central banks or the Federal Reserve.
Do state government pay taxes to the federal government?
Corporate Tax
What is the percentage we pay for tax to the federal government?
Federal and state corporate income tax share, 2.5%, Based on corporate.
What is corporate tax describe its benefits and objectives?
Corporate tax is important, as it gives the government revenues with an objective of helping its citizens.
Which type tax is collected by the mediating agent and then forward to the government?
indirect tax
Of the 2 Trillion collected by the IRS how much is from personal income tax versus corporate tax?
The IRS releases a "data book" each year showing statistics about collection. According to the IRS databook, in Fiscal Year 2008 the IRS collected $2.69 Trillion dollars. Of that amount, it broke down like this: Corporate Income Tax: 12.9% Individual Income Tax: 52% Employment Tax: 32.2% Estate Taxes: 1.1% Excise Taxes: 1.9% {| |- | |}
What is the purpose of corporate tax?
Corporate tax is the tax paid by companies based on its profit. Its purpose is for government projects like building of roads, public schools, and hospitals.
Who gives maximum corporate tax to government of India?
Mubai
The Indian government gets maximum revenue from?
Corporate tax
What is the largest source of revenue for the Indian government?
Indian government earns maximum revenue from corporation tax..
How much does a tax collector make on average?
Tax collectors are people who collected revenue of behalf of Government. These taxes are used for development purposes. They earn an estimate 54800 in a year.
