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Taxes are how society gets assets to pay for what it does for its citizens, the natural world and more.
It is how it pays for schools, military security, emergency response teams, feed the hungry, helps those who can't take care of themselves, pays for research (medical/science/artisitc...all types of things), builds roads, buildings, tries to cntrol wild rivers, puts in sanitaion systems.....etc., etc.
What else can I help you with?
What are the four taxes that our governments collect?
Sales tax Income tax Property tax Inflation tax Inheritance tax Poll tax Social Security tax Tariff tax Wealth Tax Financial transaction tax Expatriation tax Currency transfer tax Environmental tax Capital gains tax Bank tax
What is the tax for California?
There are all sorts of taxes in California: income tax sales tax property tax cigarette tax liquor tax estate tax gambling tax and hundreds of others.
Is wealth tax a direct tax or indirect tax?
direct tax
A tax on perfume is what kind of tax?
A tax on perfume is an excise tax. An excise tax is an in-country, or inland, tax on a specific good produced for sale. If the tax is on the perfume as it is imported, it is a customs duty or border tax.
How do you find the tax rate if you have the pre tax and after tax profit?
After Tax Profit = Pretax Profit * (1 - Tax Rate) Solve for Tax Rate Tax Rate = 1 - (After Tax Profit/Pretax Profit)
What tax is not a direct tax?
sales tax
Is city tax local tax?
Yes, city tax is local tax.
Is toll tax direct OR indirect tax?
Toll tax is a direct tax
How do you convert after-tax salary to before-tax salary?
Divide your post tax income by your effective tax rate %. (After tax)/(effective tax rate %) = Before tax income Your effective tax rate is your tax amount divided by your taxable income (net any deductions). (tax paid in $ + tax bill/refund)/(income - deductions $)
How do you claim for foreign tax credit?
The tax must be imposed on you You must have paid or accrued the tax The tax must be the legal and actual foreign tax liability The tax must be an income tax (or a tax in lieu of an income tax) Tax Must Be Imposed on You You must use form 1116 to file.
What states have a state tax required?
Every state has some sort of state tax required, whether it is a sales tax, an income tax, a property tax, an excise tax, a corporate tax, or some other kind of tax.
What kind of tax is a poll tax?
A Poll tax is a direct tax. A poll tax, head tax, or capitation is a tax of a uniform, fixed amount per individual (as opposed to a percentage of income).
