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What is the term for a tax levied on individual and corporate earnings?

Personal income tax or corporate income tax, it's not that hard to figure out


Do they pay income taxes in the Bahamas?

The Bahamas has absolutely no personal income tax, no corporate income tax, no capital gains tax, and no inheritance tax.


Will I have to pay corporate income tax in Bahrain?

Bahrain tax system favours expatriates. There is no corporate income tax as well as personal income tax, no wealth tax on capital gain, no withholding tax. You only need to pay a few indirect taxes.


An example of a flat tax?

For example, Slovakia - 19% flat tax rate (Corporate income tax, Personal income tax, and Value-Added Tax)


Is Federal Income Tax a current liability?

In personal tax yes. In corporate, ther is both a current and deferredportion


What is the easiest corporate income tax software?

The easiest option to file corporate income taxes is to get a program like Turbo Tax. You could also use Tax Act, or just have them done professionally.


What is Pst payable accounting?

it is other taxes payable like hormonised sales tax. It is not Income Tax or corporate Tax.


What cannot be taxed in Nevada?

Nevada does not impose a corporate or personal income tax. Click on the below Related Link


How can you learn more about corporate income tax?

You can learn more about corporate income tax by reading relevant financial columns that are printed in newspapers. Some magazines also print columns that discus issues of corporate income tax.


Which country has the highest income tax rate?

As of 2005 The highest personal income tax in any country was Belgium at almost 56% If its corporate income tax you are asking about that would be Japan with the US ranked a close second around 38%-39%


Do i need to file a Florida state income tax return?

Florida does not have an individual state income tax. They do have a corporate income tax.


Who collect corporate tax in India?

In India, corporate tax is collected by the Central Government through the Income Tax Department. Companies are required to file their tax returns annually, and the tax is levied on their profits. The rates and regulations regarding corporate tax are governed by the Income Tax Act, 1961. Additionally, state governments do not levy corporate income tax, focusing instead on other forms of taxation.