0
What percentage of federal government revenue was collected from corporate income taxes in 2001?
Wiki User
∙ 11y ago
32%
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
What type of tax must a business pay on its profits to the federal government and some state and local governments?
corporate tax
What percentange of your taxes do you lose if you claim a dependent?
Federal taxes are not based on a straight percentage but on a deduction and then a percentage. The percentage is according to income. If you live in a state that already takes out high taxes, then the federal government takes out taxes at an even higher rate.
Are federal income taxes deductible for federal corporate income taxes?
No, they are not.
Percentage to pay in federal income tax?
You do not have a set percentage amount that each taxpayer would pay annually in taxes. The tax bracket percentage amounts change for each taxpayers amount of taxable income that they end up having to use to determine the correct amount of their federal income tax liability after the federal income tax return is completed correctly down to the line on the 1040 federal income tax return that says taxable income. Then you would know the amount of your federal income liability for the year and would be able to determine your percent that is being collected from you from your income for the tax year.
What kind of tax is the federal government's tax?
It's a federal government 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.
How often are corporate income taxes collected by state and federal governments?
never
What region of the nation receives the highest percentage of its revenues from the federal government?
corporate income taxesindividual income taxessales taxproperty tax
Do state government pay taxes to the federal 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.
Where does the US government get the money to pay representatives and senators?
From taxes collected by the federal government.
What is federal revenue?
AnswerTaxes, taxes and more taxes
What percentage of federal revenues is made up of corporate taxes?
about 10 percent
What percentage of federal revenue is made up of corporate taxes?
about 10 percent
Which of the following is generally paid for with taxes collected by the federal government?
military programs
Who is federal tax paid to?
Federal taxes are collected by the US government directly, or through the states on some purchases and fees.
What laws permits public access to some information collected by the federal government?
FOIA
