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,... 86 KB (8,605 words) - 22:43, 18 April 2024 |
income tax is a tax imposed on individuals or entities (taxpayers) in respect of the income or profits earned by them (commonly called taxable income)... 44 KB (5,150 words) - 16:37, 8 March 2024 |
Individual income tax is a kind of income tax levied by the state on the income of citizens and individuals living in the country and the income derived... 21 KB (2,964 words) - 17:43, 28 April 2024 |
Taxation in the United States (redirect from Tax law (US)) States has separate federal, state, and local governments with taxes imposed at each of these levels. Taxes are levied on income, payroll, property, sales... 118 KB (15,232 words) - 10:42, 28 April 2024 |
to net income, defined as the gross income minus taxes and other deductions (e.g., mandatory pension contributions). For a firm, gross income (also gross... 19 KB (2,351 words) - 16:14, 19 April 2024 |
Corporate tax is imposed in the United States at the federal, most state, and some local levels on the income of entities treated for tax purposes as... 62 KB (6,533 words) - 05:13, 21 October 2023 |
Income tax return is the form in which assesses file information about his/her income and tax thereon to Income Tax Department. Various forms are ITR... 13 KB (1,809 words) - 18:43, 13 March 2024 |
the jock tax is the colloquially named income tax levied against visitors to a city or state who earn money in that jurisdiction. Since a state cannot afford... 15 KB (1,971 words) - 16:59, 3 November 2023 |
States income tax system, adjusted gross income (AGI) is an individual's total gross income minus specific deductions. It is used to calculate taxable income... 5 KB (633 words) - 12:39, 19 March 2024 |
California Franchise Tax Board (FTB) administers and collects state personal income tax and corporate franchise and income tax of California. It is part... 15 KB (980 words) - 23:00, 21 February 2024 |
Taxes withheld include federal income tax, Social Security and Medicare taxes, state income tax, and certain other levies by a few states. Income tax... 13 KB (1,679 words) - 02:55, 18 January 2024 |
Taxation of income in the United States has been practised since colonial times. Some southern states imposed their own taxes on income from property... 25 KB (3,878 words) - 09:32, 10 October 2023 |
A corporate tax, also called corporation tax or company tax, is a type of direct tax levied on the income or capital of corporations and other similar... 51 KB (5,721 words) - 21:02, 29 March 2024 |
Essentially, tax brackets are the cutoff values for taxable income—income past a certain point is taxed at a higher rate. Imagine that there are three tax brackets:... 23 KB (1,755 words) - 13:00, 15 March 2024 |
States, an income tax audit is the examination of a business or individual tax return by the Internal Revenue Service (IRS) or state tax authority. The... 12 KB (1,445 words) - 10:17, 30 November 2023 |
corporate income. Countries or subunits often also impose wealth taxes, inheritance taxes, estate taxes, gift taxes, property taxes, sales taxes, use taxes, environmental... 110 KB (14,322 words) - 05:08, 24 April 2024 |
the investment was held. Short-term capital gains are taxed at the investor's ordinary income tax rate and are defined as investments held for a year or... 56 KB (6,639 words) - 04:45, 16 April 2024 |
Business Income Tax (UBIT) in the U.S. Internal Revenue Code is the tax on unrelated business income, which comes from an activity engaged in by a tax-exempt... 13 KB (1,524 words) - 19:32, 13 February 2024 |
History of taxation in the United States (redirect from History of Federal income tax rates in the United States) the federal government) began collecting sales taxes in the 1930s. The United States imposed income taxes briefly during the Civil War and the 1890s. In... 55 KB (7,265 words) - 15:21, 16 November 2023 |
The alternative minimum tax (AMT) is a tax imposed by the United States federal government in addition to the regular income tax for certain individuals... 71 KB (8,608 words) - 17:02, 1 January 2024 |
The Hall income tax was a Tennessee state tax on interest and dividend income from investments. It was the only tax on personal income in Tennessee, which... 25 KB (2,813 words) - 17:32, 1 November 2023 |
Income tax in Australia is imposed by the federal government on the taxable income of individuals and corporations. State governments have not imposed... 51 KB (3,593 words) - 10:56, 7 March 2024 |
agency (California Franchise Tax Board, for example) containing information used to calculate income tax or other taxes. Tax returns are generally prepared... 13 KB (1,735 words) - 16:26, 9 February 2024 |