• flat tax (short for flat-rate tax) is a tax with a single rate on the taxable amount, after accounting for any deductions or exemptions from the tax base...
    65 KB (6,680 words) - 10:44, 26 April 2024
  • Thumbnail for State income tax
    income tax collected by the United States, most individual U.S. states collect a state income tax. Some local governments also impose an income tax, often...
    86 KB (8,605 words) - 22:43, 18 April 2024
  • have a flat statutory rate. The statutory tax rate is expressed as a percentage and will always be higher than the effective tax rate. An average tax rate...
    20 KB (2,771 words) - 13:33, 29 April 2024
  • is considered tax-free. Also, non-residents have no tax on capital gains. The Corporate tax rate is 10%. The personal tax rate is flat at 10%. There is...
    103 KB (13,753 words) - 08:39, 8 May 2024
  • Thumbnail for Taxation in Sweden
    (6%). Sweden has a flat tax at every level of government, however, because the national tax has a much higher exemption, the combined tax rate by all levels...
    19 KB (2,018 words) - 20:16, 29 April 2024
  • government. Some countries levy a flat percentage rate of taxation on personal annual income, but most scale taxes are progressive based on brackets of...
    110 KB (14,322 words) - 02:57, 1 May 2024
  • sales tax or a value-added tax. However, a consumption tax can also be structured as a form of direct, personal taxation, such as the Hall–Rabushka flat tax...
    26 KB (3,370 words) - 06:00, 22 December 2023
  • proportional taxes. Flat taxes are defined as levying a fixed (“flat”) fraction of taxable income. A flat tax is a tax with a single rate on the taxable amount...
    13 KB (1,659 words) - 15:24, 4 May 2024
  • International tax law distinguishes between an estate tax and an inheritance tax. An inheritance tax is a tax paid by a person who inherits money or property...
    57 KB (6,815 words) - 08:00, 27 April 2024
  • Tax amnesty allows taxpayers to voluntarily disclose and pay tax owing in exchange for avoiding tax evasion penalties. It is a limited-time opportunity...
    30 KB (3,632 words) - 03:34, 27 February 2024
  • The Hall–Rabushka flat tax is a flat tax proposal on consumption designed by American economists Robert Hall and Alvin Rabushka at the Hoover Institution...
    2 KB (212 words) - 04:37, 3 August 2020
  • Thumbnail for Progressive tax
    progressive tax is a tax in which the tax rate increases as the taxable amount increases. The term progressive refers to the way the tax rate progresses...
    60 KB (6,916 words) - 03:08, 1 May 2024
  • Spanish municipalities also charge local hotel tax of a few euros flat fee. In Greece the hotel tax, charged from 2018, ranges from 0.50 euros to 4 euros...
    10 KB (1,028 words) - 21:33, 11 April 2024
  • but has been proposed at other times. Flat tax, an income tax where everyone pays the same tax rate. Gift tax, a tax on gifts given (generally paid by the...
    13 KB (2,017 words) - 04:22, 26 December 2023
  • In the United States, the estate tax is a federal tax on the transfer of the estate of a person who dies. The tax applies to property that is transferred...
    71 KB (9,305 words) - 03:46, 12 April 2024
  • Thumbnail for Value-added tax
    A value-added tax (VAT or goods and services tax (GST)), is a tax that is levied on the price of a product or service at each stage of production, distribution...
    133 KB (13,668 words) - 07:03, 7 May 2024
  • Proposals FairTax Flat tax Hall-Rabushka flat tax Land value tax OneTax 9–9–9 Plan Automated Payment Transaction tax Kepner Income Tax Related concepts...
    15 KB (1,505 words) - 01:47, 28 July 2023
  • A regressive tax is a tax imposed in such a manner that the tax rate decreases as the amount subject to taxation increases. "Regressive" describes a distribution...
    32 KB (3,778 words) - 16:00, 29 April 2024
  • tax in July 2009, which it called a "privilege tax", and later repealed in April 2014. The tax was unique in several respects. First, it was a flat-rate...
    15 KB (1,971 words) - 16:59, 3 November 2023
  • Abgeltungsteuer (German, from Abgeltung "settlement", "discharge" + Steuer "tax") is a flat tax on private income from capital. It is used in Germany, Austria, and...
    12 KB (1,730 words) - 10:38, 21 November 2023
  • taxes and value added tax. On the local level, property taxes as well as various fees are collected. All income earned in Bulgaria is taxed on a flat...
    27 KB (4,103 words) - 15:11, 30 January 2024
  • Thumbnail for List of countries by tax rates
    types of taxes: corporate tax, individual income tax, and sales tax, including VAT and GST and capital gains tax, but does not list wealth tax or inheritance...
    138 KB (5,475 words) - 16:39, 5 May 2024
  • known as corporate tax and is commonly levied at a flat rate. Individual income is often taxed at progressive rates where the tax rate applied to each...
    44 KB (5,150 words) - 16:37, 8 March 2024
  • single tax, but, rejecting the claim that land has certain economic properties which make it uniquely suitable for taxation, they instead proposed a flat tax...
    5 KB (535 words) - 00:21, 11 March 2024
  • A church tax is a tax collected by the state from members of some religious denominations to provide financial support of churches, such as the salaries...
    29 KB (3,186 words) - 00:55, 20 February 2024
  • advocated a flat tax on lands based on the original unimproved value of the latters in their natural state, the "land value tax". George believed this tax was...
    28 KB (4,337 words) - 22:45, 28 March 2024
  • tax Excess burden of taxation Hall-Rabushka flat tax Land value tax Optimum tariff Pigovian tax Progressive tax Proportional tax Single tax Taxable income...
    42 KB (5,757 words) - 18:26, 12 February 2024
  • Thumbnail for Federal Insurance Contributions Act
    Security component is a flat tax for wage levels under the Social Security Wage Base (see "Regular" employees above). Because no tax is owed on wages above...
    41 KB (4,410 words) - 14:04, 4 April 2024
  • Thumbnail for Taxation in the United States
    separate federal, state, and local governments with taxes imposed at each of these levels. Taxes are levied on income, payroll, property, sales, capital...
    119 KB (15,262 words) - 08:12, 5 May 2024
  • an income tax, corporate taxes and value added tax. On local level property taxes as well as various fees are collected. There are 6 flat tax rates in...
    11 KB (1,309 words) - 19:54, 6 April 2024