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What is the federal governments biggest single source of tax revenue?
The individual income tax is the government's biggest single source of tax revenue.
What is panama principal source of revenue?
Tourism generates the highest revenue in Panama.
What is the largest source of revenue for states?
sales tax,property taxes and intergovernmental revenre
Which of these is the primary source of tax revenue for the national government?
income tax
Is excise tax the largest source of revenue in the u.s.?
No, excise tax is not the largest source of revenue in the U.S. The largest source of federal revenue comes from individual income taxes, followed by payroll taxes. Excise taxes, which are levied on specific goods and services, contribute a smaller portion to the overall tax revenue.
What is a primary tax source?
A primary tax source is the main source of revenue for a government. In most cases, the main source is from income tax and levy of goods and services.
What is the main source of revenue in India?
sales tax
What is the most important source of tax revenue of the union government?
corporation tax
Largest single source of the government earning from the tax revenue?
earning tax
What is the largest source of revenue for the Indian government?
Indian government earns maximum revenue from corporation tax..
The federal government's biggest single source of revenue is from?
Individual income tax is the federal governments biggest source of revenue. It has been the biggest source of revenue since 1950.
What is the main purpose of taxation?
The income obtained by the state through taxing is referred to as tax revenue. Tax revenue is included in the Receipt Budget, which is then included in the Union Budget's Annual Financial Statement. The application of the tax rate to a tax base yields tax revenue. Taxes are imposed in practically every nation on this planet, largely to raise income for government spending, but they also serve other functions. The income that governments collect through taxation is known as tax revenue. Tax collections, in general, provide such a revenue source to finance government outlays or principal activities.
