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From Wiktionary under the GNU Free Documentation License. To tax (from the Latin taxo; "I estimate", which in turn is from tangō; "I touch") is to impose a financial charge or other levy upon a taxpayer (an individual or legal entity) by a state or the functional equivalent of a state such that failure to pay is punishable by law. Taxes are also imposed by many subnational entities. Taxes consist of direct tax or indirect tax, and may be paid in money or as its labour equivalent (often but not always unpaid). A tax may be defined as a "pecuniary burden laid upon individuals or property owners to support the government […] a payment exacted by legislative authority." A tax "is not a voluntary payment or donation, but an enforced contribution, exacted pursuant to legislative authority" and is "any contribution imposed by government […] whether under the name of toll, tribute, tallage, gabel, impost, duty, custom, excise, subsidy, aid, supply, or other name." In modern taxation systems, taxes are levied in money, but in-kind and corvée taxation are characteristic of traditional or pre-capitalist states and their functional equivalents. The method of taxation and the government expenditure of taxes raised is often highly debated in politics and economics. Tax collection is performed by a government agency such as Canada Revenue Agency, the Internal Revenue Service (IRS) in the United States, or Her Majesty's Revenue and Customs (HMRC) in the UK. When taxes are not fully paid, civil penalties (such as fines or forfeiture) or criminal penalties (such as incarceration) may be imposed on the non-paying entity or individual. From Wikipedia under the
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1170px x 830px | 113.90kB [source page] il 10 dei nostri profitti deve essere versato allo stato Siamo sempre stati in regola con i nostri pagamenti Ricevuta dei pagamenti delle tasse certificate from Nepal s tax office Garanti e Banche Tax Team 2009 official photo JPG
520px x 657px | 52.30kB [source page] Tax Meet our tax team What we do From Yahoo Image Search: "Tax" The Capital Spectator: IS THE TAX BITE THE NEW HEADWIND?
jp Mon, 01 Mar 2010 15:17:10 GM The drop in income reflected an increase in various . tax. deductions. Indeed, wages overall were up last month, but the BEA reports that a relatively larger bite in domestic contributions for government social insurance and current ... Matthew Harris for Hendon: Older savers hit by tax overpayment
Matthew Harris Mon, 01 Mar 2010 09:00:00 GM I have emailed the Permanent Secretary for . Tax. , Dave Hartnett, asking what steps older people should now take if they fear they might have overpaid . tax. on their savings income. This follows a Parliamentary report warning that more than ... Mixed Drink Tax Causes Problems For Some Restaurants - Local News ...
unknown Mon, 01 Mar 2010 03:11:12 GM Springdale, Ark. -- All restaurants and bars in one local city are now required pay a special . tax. on every mixed drink served, but some of those businesses have had problems getting that money to the city of Springdale. From Google Blog Search: "Tax" See also:
What's tax bill if mother sells house?
Philadelphia Inquirer She is concerned about the capital-gains tax . There should be enough proceeds (no mortgage) to take care of her for the rest of her life and also give me a ... and more » Amitabh Bachchan PAA enlightens Yeddurappa, gets 50% tax cut!!
stardustco.in Earlier, Amitabh Bachchan had requested the Karnataka Government to exempt the flick from entertainment tax for its wider viewing as the film was trying to ... Paa gets tax exemption in Karnataka Hindustan Times Big B, Yeddyurappa watch Paa together Oneindia all 86 news articles » Political Notebook: State Tax Commission nominee, Frank Barnitz under fire
News-Leader.com Jay Nixon's nominee to the State Tax Commission. Better Leadership for Missouri, a continuing committee that helped finance Kinder's re-election in 2008, ... and more » From Google News Search: "Tax" How can I compare my current tax exempt salary and benefits to job offers back in the States? Q. I am trying to find out a way to compare my current NET income to what I could potentially NET back home. All of the salary comparison websites do not accurately calculate my tax exemption status and cost of living (lower) here in Germany. My guess is that I'll need to almost double my salary as I'm not paying most taxes here in Germany. Here's some more info about my situation. 1. Income tax exemption - I don't pay US or German income taxes. I'm exempt from both. I'm not paying US state income taxes either. This probably saves me at least 30% every year. 2. Sales taxes - I only pay sales taxes when I eat at a restaurant or shop for groceries on the economy (a german grocery store). I mostly shop at the commissary on base...and they… [cont.] Asked by jpollar - Sat Jun 16 19:48:41 2007 - - 2 Answers - 0 Comments A. I am assuming that since your income is exempt, you ARE NOT an employee of the US Government, and are therefore entitled to the Foreign Earned Income Exemption (FEIE) of up to $82,400 (as of 2006). I am also assuming that you are not receiving any housing allowance and that you are not subject to SS and Medicare Tax. Finally, I am assuming that your income would equal your adjusted gross income (i.e., no adjustments to income and no tax credits). Under this set of assumptions, if you are earning $82,400 of exempt income, an equivalent taxable income would be roughly $114,000. Note that this amount does not take into consideration state income taxes as you did not indicate in what state you would be residing. Also excluded is the… [cont.] Answered by MoneyMaker - Sun Jun 17 07:27:46 2007 What are the tax filing requirements - life events? Q. Are there special tax filing requirements for a friend of mine who over the course of last year lost her husband and moved to another state? She had been listed as a dependent on her husband's taxes. Does she have to file taxes on her deceased husband's behalf? Would software such as Turbotax handle her situation or would she be better off having taxes done by a person such as HR Block or a CPA? Thx. Thanks to everyone for their answers to my question. It helped clarify things and also generated some questions too. I decided to put your answers up for voting and will post a followup question under the heading "What are the tax filing requirements for a final return?". Feel free to answer that one too. Thx. Asked by QueAndAy - Thu Jan 18 08:52:40 2007 - - 9 Answers - 0 Comments A. If her husband was alive and paid taxes during 2006 then she can file on his behalf. Turbo Tax has a place to put that the person is deceased. I don't know how it handles it but I always use Turbo Tax and have had no problem with it. Answered by walkerhound03 - Thu Jan 18 09:01:21 2007 How do I pay more taxes/forfeit my tax return?
Q. I'm 17 and I just got a job with McDonald's, and I've heard about tax returns, and I was wondering how I can pay more taxes and let the government keep my tax return. Is this possible? I want to pay more taxes that the government can actually keep. Thanks I want to give to the government, not a charity. I'm just asking how I can do it. Can you send them a check? Asked by Pearl Jam - Tue Jun 5 12:53:22 2007 - - 7 Answers - 0 Comments A. Actually you can make donations to the government. Each department has rules on how you might do such a thing. The following link is for the Department of Commerce. It was just the first that I found so every Department will have something similar. You can not give anything to individuals nor may you give the intent of getting anything back (sort of like with taxes). However it would be much wiser if you were to put that money in some sort of savings plan. When you are "old" you will have lots of money and will not need to be dependent on the government. Answered by unknown - Tue Jun 5 13:25:35 2007 From Yahoo Answer Search: "Tax" To tax (from the latin taxare: to estimate, which in turn is from tangere: to touch) is to impose a financial charge or other levy upon an individual or legal entity by a state or the functional equivalent of a state. Sourced
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