A tax (also known as a "duty") is a financial charge or other levy imposed on an individual or a legal entity by a state or a functional equivalent of a state (e.g. tribes, secessionist movements or revolutionary movements). Taxes could also be imposed by a subnational entity.

Taxes may be part of a direct tax or indirect tax, and may be paid in money or as corvée labor. In modern, capitalist 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.

Taxes are usually collected by a governmental agency such as the Internal Revenue Service in the United States. When taxes are not paid to a government's satisfaction, penalties such as fines, forfeiture, and imprisonment are carried out against the non-paying entity or individual. These penalties are also typically carried out by a governmental agency, such as the Federal Bureau of Investigation in the US. In most modern industrialized countries, when an individual fails to pay his government the taxes that that government demands of him, it will ultimately result in his imprisonment at the hands of the state.

More on [ Tax ]

Taxation - Twitter Search

tax tips 2009 www.tax-taxation.com
taxtips2009 (taxhelp2009) Tue, 13 Oct 2009 20:41:06 -0000
tax tips 2009 www.tax-taxation.com
@timoreilly Piracy is progressive taxation? Hmm. http://bit.ly/1BBUsb
paramendra (Paramendra Bhagat) Tue, 13 Oct 2009 20:40:25 -0000
@timoreilly Piracy is progressive taxation? Hmm. http://bit.ly/1BBUsb
Obama still wants corporation taxation reform http://viigo.im/1aT8
Brown_T_Sugar (Brown_T_Sugar) Tue, 13 Oct 2009 20:37:44 -0000
Obama still wants corporation taxation reform http://viigo.im/1aT8
@popquizkid awesome. "no taxation with out representation" give me some DC love.
dcinc66 (David Bill) Tue, 13 Oct 2009 20:23:20 -0000
@popquizkid awesome. "no taxation with out representation" give me some DC love.
Sign up this week with Horizon Financial Consulting, LLC and save 20% off of your current rates for taxation or bookkeeping services.
ConsultantCPA (Chris MBA CPA) Tue, 13 Oct 2009 20:16:05 -0000
Sign up this week with Horizon Financial Consulting, LLC and save 20% off of your current rates for taxation or bookkeeping services.
New:: Don't Let Your Entire Profits Drain into Corporate Taxation http://bit.ly/LtgNc
mmoschool (mmoschool.info) Tue, 13 Oct 2009 20:09:27 -0000
New:: Don't Let Your Entire Profits Drain into Corporate Taxation http://bit.ly/LtgNc

Subscribe to Taxation RSS feed