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That depends on the tax regime in the country/state where you live.
Commoners
the poll tax ordinance of 1852 of gold coast
It is assumed that the objective of value added Tax is to replace a complex sales tax regime with a simpler tax a percentage imposed on all goods sold.
It is assumed that the objective of value added Tax is to replace a complex sales tax regime with a simpler tax a percentage imposed on all goods sold.
That depends on the tax regime in the country/state where you live. As you have not told us this we cant tell you more.
Michael H. Wachtel has written: 'The new corporate international tax regime' -- subject(s): Foreign Investments, Foreign income, Income tax, International business enterprises, Law and legislation, Taxation
It was used to provide internal and external security, build infrastructure and a percentage to the rulers. Tax was moderate - after the Greek cities in Asia Minor were freed from Persian rule in 478 BCE, the tax regime for those citis was generally set at the same as the Persian tax.
Both had failed to Pay as you Go and to Balance the Books. France had created a major National debt and was stuck with an unfair and unpopular tax code that had been established by the Ancient Regime. The Catholic Church and the Nobles were living a tax free existence while the Third Estate was saddled with the tax burden.
Tax rules vary from country to country. So, the question needs to be more specific. Generally speaking, taxes levied on inherited wealth are called estate duties. India, for instance, had a regime of estate duties for a long time, but it was done away with a few years ago. Income Tax is levied on one's income, and if it is a gift one receives, Gift Tax is payable, if the concept of Gift Tax is in the tax canons of a particular country, otherwise Income Tax will have to be paid on the monetary value of the gift, either by the donor or by the recipient. Normally, a threshold is prescribed for the monetary value of the gift, the gift valued above which only attracts tax.
He added some extra territory to stabilise the frontiers, formalised the provinces to provide control of the local governments, brought in Aramaic as the lingua franca to facilitate communication, and set a fair tax regime.