Tax has a limited meaning. It is the amount of tax levied/collected etc. by the Government. Taxation is the process of tax collection. It covers all of the following: passing of the law by the parliament, making of rules by the Government, entire set of people appointed as tax commissioners, assessment; the appellate authorities & so on. Rashmin Sanghvi
"Tax" refers to the money individuals and businesses are required to pay to the government, while "taxation" is the overall system or process of imposing taxes. In essence, taxation is the broader concept that encompasses the levying and collection of taxes.
what is the different between tax & taxtion
Direct taxation is when you tax the consumerIndirect is when you tax the merchantbecause the item being taxed would go from merchant>>>consumerthe merchant make his price higher because the consumer doesnt have to pay tax but he does.
The impact of a tax refers to the person who pays it to the government in the first instance. The incidence of a tax refers to the money burden of a tax on the person who ultimately pays it. - MP
Taxation is when taxes are collected from people and businesses. Tax is a set amount of money paid on each item or taken out of your pay check.
Income tax brackets enable the progressive taxation of income.
The difference between 1040a tax forms and 1040ez tax forms is that it depends on if the person is a dependent or an independent person. It also matters on how much you make.
global tax mean there is double taxation, but at territorial there is one tax only
Direct taxation is when you tax the consumerIndirect is when you tax the merchantbecause the item being taxed would go from merchant>>>consumerthe merchant make his price higher because the consumer doesnt have to pay tax but he does.
The impact of a tax refers to the person who pays it to the government in the first instance. The incidence of a tax refers to the money burden of a tax on the person who ultimately pays it. - MP
Taxation is when taxes are collected from people and businesses. Tax is a set amount of money paid on each item or taken out of your pay check.
A direct tax is a tax exacted directly from the persons who will bear the burden of it (without reimbursement to them at the MORE?.An example of direct taxation would be income taxes that are collected from the people who actually earn their income...more
A direct tax is a tax exacted directly from the persons who will bear the burden of it (without reimbursement to them at the MORE?.An example of direct taxation would be income taxes that are collected from the people who actually earn their income...more
u suick
difference b/w direct tax and indirect tax
corporate tax
Income tax brackets enable the progressive taxation of income.
A tax cut is the act of reducing taxation.
the only difference between tax paid by buyers and tax paid by sellers is who sends the money to the government. Manga economics student