0
The Revenue Act of 1913.
And thhe income tax code IS law, Chapter 24 of the US Laws, as made, voted on by Congress and signed by the President.
The 16th amendment of the Constitution also addresses the right to make the laws doing so, although it in itself is not a law saying one has to pay.
What else can I help you with?
Why should income tax be paid?
If a person meets the legal requirements to pay income tax and does not, he is in violation of the law.
If there is no law that says you have to pay income tax then why do you pay?
Yes. The Revenue Act of 1913, made under the power bestowed by the 16th Amendment. The current version is published as Title 26 of the United States Code, and as The Internal Revenue Code.
Do the wealthy pay income tax?
The wealthy do pay income tax, and since the wealthy have more income, they must pay more money in income tax.
Does Finnish citizen pay income tax?
According to the law, they do. Ofc some don't.
What is difference between tax free and taxable income?
You don't pay tax on the tax-free pay and you do pay tax on taxable income
If you live in a state that does not have a state income tax and work in a state that does have a state income tax are you obligated by law to pay state income tax to the other state?
Yes..only on that portion of income properly allocated or attributable to that State.
Do professional punters pay income tax?
all people pay income tax.
If you live in a state that does have a state income tax and work in a state that does not have a state income tax are you obligated by law to pay state income tax to your home state?
From personal experience, if you live in Oklahoma and your workplace is in a different state, you are obligated pay Oklahoma state income taxes on those wages. This is probably true for all other state income tax states.
What do you pay income tax on?
Could it be your income??
Do you need to pay monthly and quarterly income tax even though you have paid the annual income tax?
yes we have to pay tds and advace tax beside anual income tax
Who is responsible for collecting income tax?
The Income Tax Board is responsible for collecting our income tax… it says in the name people!
Is there a law on the books that says you have to pay taxes?
There is hereby imposed on the taxable income of TITLE 26 - INTERNAL REVENUE CODE Subtitle A - Income Taxes CHAPTER 1 - NORMAL TAXES AND SURTAXES Subchapter A - Determination of Tax Liability PART I - TAX ON INDIVIDUALS Click on the below Related Link
