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What is a tax levied on any asset inherited?
The tax levied on inheritances is an inheritance tax, and an estate tax can also be involved... it is levied on the assets of the deceased rather than the legacy of the inheritors.
What type of tax is levied on the beneficiary share of an estate?
The type of tax that is levied on the beneficiary share of an estate is known as inheritance tax. This will be assessed based on the legacies the beneficiary receives.
A charged levied by government on persons or property to meet public needs is?
Tax
What is inderect tax?
A tax, such as a sales tax or value-added tax, that is levied on goods or services rather than individuals and is ultimately paid by consumers in the form of higher prices.
How did poll tax impact the government?
A poll tax was a tax levied on every adult in the community that voted. Although it was not a significant source of income it did make the government large sums of money.
What is an abkar?
An abkar is a wine seller - or a person who is subject to the akari tax, a tax levied in India.
What is a tax levied on any asset inherited?
The tax levied on inheritances is an inheritance tax, and an estate tax can also be involved... it is levied on the assets of the deceased rather than the legacy of the inheritors.
What is tax levied on any asset inherited?
The tax levied on inheritances is an inheritance tax, and an estate tax can also be involved... it is levied on the assets of the deceased rather than the legacy of the inheritors.
Which tax is levied at a flat rate?
Sales tax
What is duty (as in tax)?
Tax is a broad term & duty is a part of tax.......Tax levied on person, product, services & assets for example-INCOME TAX levied on person,VAT levied on sale of products,SERVICE TAX levied on providing taxable services, WEALTH TAX levied on assets..........Genrally DUTY levieble on goods for example-EXICE DUTY levieble on manufaturing of goods, CUSTOM DUTY levieble on import & exports of goods...........................Sachin gupta from jhalawar (RAJASTHAN)
What are the type of taxes collected in nigeria?
1. Value Added tax: Tax levied on you when you purchase goods or services 2. Capital gains tax: Tax levied on you when you sell property/product for a profit. 3. Education tax: tax levied on companies for education development etc. 4. Personal income tax: Tax levied on your income or salary 5. Company (Corporate) income tax: Tax lvied on company's gross income or profit.
What type of tax is levied on luxury items?
excise tax
What is a best description of a tax rate?
It is the percentage at which tax is levied.
What type of tax is a tax on gasline?
the tax levied on gasoline is known as an excise tax.
What is difference between tax and duty?
Tax is a broad term & duty is a part of tax.......Tax levied on person, product, services & assets for example-INCOME TAX levied on person,VAT levied on sale of products,SERVICE TAX levied on providing taxable services, WEALTH TAX levied on assets..........Genrally DUTY levieble on goods for example-EXICE DUTY levieble on manufaturing of goods, CUSTOM DUTY levieble on import & exports of goods...........................Sachin gupta from jhalawar (RAJASTHAN)
What is the meaning of Security Transaction Tax?
The tax levied on trading transaction
Was the first direct tax levied by England the stamp tax?
yes
