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How much is personal income tax?

It Depends in which country the person makes this income. For UK it is 20% of income. But this vary from country to country and depends upon country`s legislatives. Is some countries it is quite low 8-10% of personal income.


The federal personal income tax is an example of which kind of tax?

The federal personal income tax is an example of progressive tax.


Which country has the highest income tax rate?

As of 2005 The highest personal income tax in any country was Belgium at almost 56% If its corporate income tax you are asking about that would be Japan with the US ranked a close second around 38%-39%


Do jehovah witnesses pay personal income tax each year?

Yes, Jehovah's Witnesses are required to pay personal income tax each year as mandated by law in the countries where they reside. Jehovah's Witnesses, like all citizens, are subject to the same tax laws and regulations regarding personal income.


What is a tax levied on net personal or business income?

That would be an income tax.


What is Personal Tax?

A personal tax is a direct tax levied on a taxpayer. One example of a personal tax is the tax imposed on the income of a person.


What do they not tax in Nevada?

There is no personal income tax in Nevada.


Highest Income Tax Rate in 1943 of Nevada?

Nevada did not and does not have a personal income tax


Do they pay income taxes in the Bahamas?

The Bahamas has absolutely no personal income tax, no corporate income tax, no capital gains tax, and no inheritance tax.


Does the state you live in collect income tax?

Yes the state that I live in does have a personal state income tax and does collect the states personal income taxes from the taxpayers.


What are the main sources of income in Quebec?

Personal income tax


What is a direct tax on personal income called?

A direct tax on personal income is called an income tax. This tax is levied directly on an individual's earnings, which can include wages, salaries, and other forms of income. The amount of income tax owed typically depends on the taxpayer's income level and applicable tax rates. Income tax can be progressive, meaning higher earners pay a higher percentage compared to lower earners.