local, state, and national governments
a tax on a vendor's sale by an authorized level of government
Deferred tax, which is a GAAP accounting concept, and may be either an asset or a liability, would all be settled, either paid with or reduce tax, on the final return.
If the municipal bond is issued by the jurisdiction in which the bondholder resides, the interest is tax-exempt from both the federal government and the state government. If there is a local income tax, the interest is tax-exempt at this level, too.
You can thank our wonderful government for taxes. If you are being taxed for something that money goes to the government so yes it is legal. A company wouldn't tax you for an item unless the government makes them tax you for it. A company is nothing more than an unpaid tax collector when it comes to taxes.Added: Check your state tax codes carefully. In some states it is unlawful to tax an intangible "service." Something for which no actual tangible or identifiable "product" is delivered. (e.g.: You can tax a quart of milk or a loaf of bread, but you can't charge tax for the smile the cashier gives you as you check out).
Fiscal Policy
Local,State,and National government
Local, state, and national government may tax the company.
Local, state, and national government may tax the company.
local, state, and national governments
local, state, and national governments
they didnt have money to run the government
Local A+
a tax on a vendor's sale by an authorized level of government
Sales Tax is imposed by State and Local government. Sales tax provides around 11 percent of state tax revenue (on average).
national and state
Federal and State
State and local a+