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Who levies income tax?
Income taxes are levied by the legislature.
What does it mean by A sum of money placed on a person property income of an individual by a government?
Sounds like a description of levies, or taxes.
What term can be used to describe money that is earned by government when if levies Texas?
The term used to describe money earned by the government through levies in Texas is "tax revenue." This revenue is collected from various taxes, including property taxes, sales taxes, and income taxes, which are levied on individuals and businesses. The funds generated are used to finance public services and infrastructure within the state.
Which U.S Treasury bureau assesses and collects taxes on business and personal income?
which U.S. Treasury bureau assesses and collects taxes on business and personal income
What branch of the government levies income tax?
It depends on what "government" you are asking about. In the United States of America, the Federal government and most states levy and collect income taxes. So do many cities.In the Federal Government, income taxes are levied and collected by the Internal Revenue Service, which is part of the Treasury Department. The Treasury department is part of the Executive Branch, and is reports to the President.
What can be used to describe money that is earned by government when it levies taxes?
revenue
Why is it that government is exempted in taxation?
The government does not earn any money, the income it has derives from the taxes it collects.It collects that money in taxes to pay for social requirements. Health, infrastructure, defence etc.
What us-Treasury bureau assesses and collects taxes on business and personal income?
The IRS (Internal Revenue Service) assesses and collects taxes on business and personal income.
Which federal government institution levies taxes?
Internal Revenue Services or IRS
Which term can be used to describe money that is earned by government when it levies taxes?
revenue.
What terms can be used to describe money that is earned by government when it levies taxes?
revenue
What branch of government collects income tax?
The branch of government that collects income tax is the executive branch, specifically through the Internal Revenue Service (IRS), which operates under the Department of the Treasury in the United States. The IRS is responsible for administering and enforcing federal tax laws, including the collection of income taxes. While Congress, part of the legislative branch, establishes tax laws, it is the executive branch that implements and collects those taxes.
