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Apportioned tax refers to a tax that is allocated or distributed among various entities or jurisdictions based on a specific formula or criteria. This type of tax is often used to ensure that revenues are fairly shared, particularly in cases where income or profits are generated in multiple locations. For example, a corporation operating in several states may have its income apportioned to determine how much tax it owes in each state based on factors like sales, property, or payroll. This approach helps to prevent double taxation and ensures a fair contribution to public services in each area.
What else can I help you with?
Example of a direct tax?
The income tax is not a direct tax on a man or woman's labor. If it was it would be without a doubt unconstitutional. The 16th Amendment did not give Congress any new taxing powers so direct taxes still must be apportioned among the states. Anyone that tells you anything different is a complete idiot. The federal income tax remains constitutional only because of its voluntary nature and the fact that it is an excise (indirect) tax on certain activities and privelges and the amount of money earned while engaging in these activities is what's used to determine the amount of the tax. A direct tax is one imposed upon an individual person (juristic or natural) or on property
Is wealth tax a direct tax or indirect tax?
direct tax
A tax on perfume is what kind of tax?
A tax on perfume is an excise tax. An excise tax is an in-country, or inland, tax on a specific good produced for sale. If the tax is on the perfume as it is imported, it is a customs duty or border tax.
How do you find the tax rate if you have the pre tax and after tax profit?
After Tax Profit = Pretax Profit * (1 - Tax Rate) Solve for Tax Rate Tax Rate = 1 - (After Tax Profit/Pretax Profit)
Is toll tax direct OR indirect tax?
Toll tax is a direct tax
Which amendment dealt with the issue of how income tax funds would be apportioned?
16th Amendment
What term refers to a tax that is divided among all if the people in each state and not on individuals?
The term you're looking for is "apportioned tax." This type of tax is distributed among the population of a state based on a predetermined formula, rather than being levied on individuals. Apportioned taxes are often used in the context of certain federal taxes, where the burden is shared collectively by the residents of a state.
What are apportioned license plates?
plates that are apportioned and have a license.
What is formula of apportioned cost?
The formula for apportioned cost is: Apportioned Cost = Total Cost × (Cost Driver for specific department ÷ Total Cost Driver for all departments)
What is the Difference between allocation and distribution?
The difference is in the delivery of the items being apportioned. When a portion is allocated to a recipient, it is virtually reserved for that recipient - but not necessarily delivered to them and may still be held by the allocator. If the portion is distributed, then the recipient has actually received the portion that was allocated to them. This is the difference as determined under U.S. federal tax laws, as I understand it. It should be remembered that an allocation or distribution can be in both directions, i.e. even as assets can be apportioned to recipients, so debts or liabilities can be apportioned to those deemed responsible for them.
When did they decide taxing your income was legal?
The Sixteenth Amendment was ratified by the States in 1913. The main point about it was that it allowed congress to levy a tax on without apportionment among the states. A prior US Supreme Court decision had held that an income tax was unconstitutional because it was not apportioned among the states.
How is membership of the house of?
by the apportioned population of the states
How is income apportioned on schedule K1 for estates?
according to the conditions of the will.
How should responsibility for the holocaust be apportioned?
morality is a personal issue.
What did the Supreme Court say in Pollock v farmers loan and trust?
In Pollock v. Farmers' Loan & Trust Co. (1895), the Supreme Court ruled that the federal income tax imposed by the Wilson-Gorman Tariff Act of 1894 was unconstitutional. The Court held that the tax was a direct tax not apportioned among the states as required by the Constitution, thus violating Article I, Section 9. This decision effectively struck down the federal income tax until the 16th Amendment was ratified in 1913, allowing Congress to levy an income tax without apportionment.
What is this word apportioned?
The word means forget you slob and get a life idiots.
Is the federal income tax legal If so what is the law that states that it is?
The Constitution is the basis for all federal law in this country. There are those that would say that income tax is unconstitutional because a direct tax is specifically prohibited by the Constitution and the amendment that was supposed to fix this was not properly ratified. I agree, it's based on what I've read. It's a complicated issue and you're going to have to study on that one. Please do so, it's important. Specifically, the 16th amendment was never ratified by enough states (36) to make it legal. Further, the Federal Income Tax is an Un-apportioned Direct Tax. By the Constitution: The Congress shall have power To lay and collect Taxes, Duties, Imposts and Excises but all Duties, Imposts and Excises shall be uniform throughout the United States. Representatives and direct Taxes shall be apportioned among the several States which may be included within this Union, according to their respective Numbers. No Capitation, or other direct, Tax shall be laid, unless in proportion to the Census or Enumeration herein before directed to be taken. Tax of Labor is therefore illegal.
