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Inland Revenue refers to the government agency responsible for the collection of taxes and the administration of tax laws in a country. This agency oversees various tax-related activities, including income tax, corporate tax, and value-added tax, ensuring compliance and enforcement of tax regulations. The term is commonly used in countries like the UK and New Zealand, where it may also be known as the Revenue Department or Tax Authority. Its primary goal is to generate revenue for public services and government operations.

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AnswerBot

3w ago

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