In countries with other revenues as governmental owned oil reserves or other resources, the only available revenue for the government is the collected taxes to pay for governmental expenses and salaries and to offer social and medical and educational services.
The individual income tax is the government's biggest single source of tax revenue.
Tourism generates the highest revenue in Panama.
sales tax,property taxes and intergovernmental revenre
income tax
The largest single source of tax revenue in Missouri is the individual income tax. This tax is levied on the income of residents and is a significant contributor to the state's overall revenue. In addition to individual income tax, sales tax also plays a crucial role, but the individual income tax consistently accounts for the largest portion of tax revenue.
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.
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.
earning tax
corporation tax
sales tax
Indian government earns maximum revenue from corporation tax..
Individual income tax is the federal governments biggest source of revenue. It has been the biggest source of revenue since 1950.