A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Types of Taxation

Capitation, a Fixed tax Charged per Person
Capitation, a Fixed tax Charged per Person

Capitation may refer to: Poll tax or head tax, a tax of a fixed amount per individual Capitation (healthcare) , a system of payment to medical service providers Capitation fee , a fee or payment of a uniform amount charged per person See also Cavitation , the formation and then immediate implosion of cavities in a liquid Look up capitation in ...

source: revolvy.com
Consumption tax
Consumption tax

A consumption tax is a tax levied on consumption spending on goods and services. The tax base of such a tax is the money spent on consumption. Consumption taxes are usually indirect, such as a sales tax or a value-added tax.

Consumption Taxes What They Are
Consumption Taxes What They Are

A consumption tax essentially taxes people when they spend money. And the income tax you’re fundamentally taxed when you earn money or when you get interest, dividends, capital gains, and so on. And a consumption tax that wouldn’t happen, you would be taxed essentially when you actually spent the money at the store.

source: brookings.edu
Estate Taxes What They Are
Estate Taxes What They Are

Frequently Asked Questions on Estate Taxes. ... are there and are they cooperative? Do I need an estate tax ... Frequently Asked Questions on New Tax Rules for ...

source: irs.gov
Excise Taxes What They Are
Excise Taxes What They Are

Excise taxes are levied on the manufacture, sale, or consumption of a single good or service or on a relatively narrow range of goods or services. They are an example of what have been traditionally called indirect taxes: taxes that are imposed on a transaction rather than directly on a person or corporation.

Fees and Tolls
Fees and Tolls

With both a fee or toll and a tax, someone is paying money to the government but there is a big difference between the two. With a fee or a toll, you are paying money because you are receiving a service from the government.

source: mdpolicy.org
image: howldb.com
Income tax
Income tax

An income tax is a tax imposed on individuals or entities that varies with respective income or profits (taxable income). Income tax generally is computed as the product of a tax rate times taxable income. Taxation rates may vary by type or characteristics of the taxpayer.

Payroll tax
Payroll tax

The largest of these social insurance taxes are the two federal payroll taxes, which show up as FICA and MEDFICA on your pay stub. The first is a 12.4 percent tax to fund Social Security, and the second is a 2.9 percent tax to fund Medicare, for a combined rate of 15.3 percent.

Personal Income Taxes What They Are
Personal Income Taxes What They Are

Tax paid on one's personal income as distinct from the tax paid on the firm's earnings. In an incorporated firm, the owners (shareholders) pay taxes on both their income (salary or dividend from the firm) firm's income (profits). In partnerships and sole-ownerships, the tax is paid only once on the firm's profits.

Property tax
Property tax

A property tax or millage rate is an ad valorem tax on the value of a property, usually levied on real estate. The tax is levied by the governing authority of the jurisdiction in which the property is located.

Property Taxes What They Are
Property Taxes What They Are

A property tax or millage rate is an ad valorem tax on the value of a property, usually levied on real estate. The tax is levied by the governing authority of the jurisdiction in which the property is located.

Tariff (Taxes on International Trade)
Tariff (Taxes on International Trade)

Tariffs. Tariffs; Transit Duties; Export Duties; Import Duties; Tariffs (1) A tariff or customs duty is a tax levied upon goods as they cross national boundaries, usually by the government of the importing country. The words tariff, duty, and customs are generally used interchangeably.

source: scm.ncsu.edu