answersLogoWhite

0

What are the advantages of tax?

Updated: 9/14/2023
User Avatar

Wiki User

12y ago

Best Answer

Taxation is a source of money for the state budget. Makes it possible to finance education, police, fire department, offices, etc.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What are the advantages of tax?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Are there any tax advantages for investing in annuities?

The tax advantages for investing in annuities is most have. On your tax return you will recieve credit for having it.


What tax advantages regarding interest rates?

The tax advantages regarding interest rates is that there are tax deductions for the interests payable. This would translate to repayment of lower interest rates.


What are the advantages of proportional tax?

There are many advantages that are associated with a proportional tax. This tax is neutral and doesn't change with income. In addition, it is easy to calculate the amount that is owed each year.


What are the advantages of income tax?

what are the advantage of incraesing the income tax in uk? or why they increas it?


What has best tax advantages a Partnership or corporation?

== ==


What are the advantages and disadvantages of excise tax?

football


What are the advantages of personal relationship?

tax breaks


What are some advantages of having an ESOP stock?

There are a number of potential advantages of having an ESOP stock. There are tax benefits in that stocks are tax deductible and employees pay no tax on contributions they make to the fund.


Are My Obligations Tax Deductible?

There might be tax advantages. Check out with your accountant or financial consultant.


What are some advantages of teen pregnancy?

Tax breaks!


What are advantages and disadvantages to living in Nevada?

There is no income tax. :)


Are there any tax advantages to municipal bonds?

Municipal bonds provide a great investment tool with some tax advantages. This is also a very safe investment with very low risk.