Find the amount of each tax. Federal: State: City:

Q: 5. State five attributes of a good tax system. 6. Explain the following (to include use of graph) :…

A: We’ll answer the first question since the exact one wasn’t specified. Please submit a new question…

Q: Describe the different taxes that government uses to collect revenue.

A: Describe the different taxes that government uses to collect revenue.

Q: Differentiate Tax from Taxation

A: The taxes imposed directly on the income or earnings of the individual are the direct taxes whereas…

Q: FUTA tax is paid by:

A: FUTA TAX: It is payroll tax paid by employers of the organisation.

Q: Discuss the different types of taxpayers.

A: there are different types of taxpayer in the Philippines it often times causes public confusion…

Q: Explain the difference between an individual and a corporation or society when filling taxes.

A: Individual Taxpayer: A taxpayer is someone who owes money to the federal, state, or municipal…

Q: determine if it's a tax deductible, tax credit, or neither.

A: TAX DEDUCTION:- It is a provision that reduce the taxable income. An expenses you can Subtracted…

Q: Which of the following is not tax deductible? Gift tax Local income tax Real estate tax…

A: The objective of the question is to identify which among the given options is not tax deductible.…

Q: Answer in points: Question. Difference between average and marginal tax rates

A: Average rate of tax is the amount of taxes paid on total income on average. For example, a business…

Q: Explain TWO attributes of a good tax system citing examples.

A: Disclaimer: "Since you have asked multiple question in a single question, so we answered first…

Q: Explain the differences between a tax credit and a tax deduction. Which is better? List three…

A: Tax credit and tax deductions are often considered same but they are not interchangeable even though…

Q: Real estate taxes are municipal or local taxes. a. True b. False

A: Correct Answer:-  True

Q: Basic community tax is an example of _______ while income tax is a kind of _______. A. Poll tax;…

A: Option (b) is correct. National tax ; local tax  As per my knowledge income tax as it being paid  to…

Q: Explain various types of taxes

A: taxes A tax may be a obligatory fee or monetary charge levied by any government on a private or a…

Q: Real property tax is an example of a national tax. * A. True B. False

A: In United States, US taxes are generally levied by local government authority. This property tax is…

Q: 1. The community tax is a local tax

A: Local tax is a tax assessment by state or the municipality to fund public services, taxes levied by…

Q: The marginal tax rate is equal to Question 11 options:the change in the tax payment divided by the…

A: Marginal tax is the tax which you pay on an additional amount of incomes. This marginal tax is very…

Q: Define each of the following terms: h. Progressive tax; taxable income; marginal and average tax…

A: Step 1:Progressive taxIf the taxable income is more, the tax rate will be more as the taxable amount…

Q: 1) Class, what are transfer taxes? What is the purpose? When and how might they apply? 2) Share…

A: Hello. Since your question has multiple parts, we will solve the first question for you. If you want…

Q: Why is income the basis for tax? Explain concisely in 3-5 sentences.

A: Basis means anything that the govt uses to compute the tax.

Q: Define average tax rate

A: The taxes are the government source of income from the general public. The tax rate are the…

Q: The federal income tax is

A: A progressive tax is the tax rate which increases as the income rises. Integrative tax is the tax…

Q: What was the federal tax refund

A: This is the follow-up question and now the question is regarding the federal tax refund. This is the…

Q: What are the taxes and tax rates for individual taxpayers? Hope you can help me, thank you

A: Taxpayers are referred to as those individuals, or organizations who are obliged to pay the taxes to…

Q: The tax rate that is applied against a prepayment penalty is the Group of answer choices  1)…

A: On the basis of a slab scheme, the Indian income tax levies tax on individual taxpayers. The slab…

Q: What is Barangay Tax and give examples?

A: Tax is referred to as the financial charge imposed on the taxpayer that is levied by the government…

Q: MC: Topic: Income Taxation Under this income taxation scheme, the full amount of tax is withheld by…

A: Taxes are the amounts due to be paid to government on account of income earned or on sale of goods…

Q: Sharon Incorporated is headquartered in State X and owns 100 percent of Carol Corporation, Josey…

A: Nexus is a connection or link between the state having tax jurisdiction and the business entity in…

Q: Identify three ways that governments can alter their tax system to increase revenues.

A: please like the answer your response matters  Taxation is the main source of revenue for government.…

Q: Propose a tax measure in order for the government to eaarn addtional revenue with emphasis ont he…

A: Since you have asked two questions but we provide solution to one question only kindly resubmit…

Q: tax system where the percentage of tax is the same for everyone regardless of income or wealth is…

A: Tax is a kind of financial charged which is levied on a person's income by the government or the…

Q: How do I calculate the amount of sales tax that is included in total receipts?

A: Sales tax = Actual sales * Tax rate

Q: What is Barangay Tax and its examples?

A: Tax is defined as the financial charge imposed on taxpayers that are levied by the government for…

Q: Please discuss the deductibility of real property taxes.

A: Local governments and municipal corporations collect property taxes annually from landowners.

Q: Which is used by the government to determine eligibility for the Federal GST/HST credit payment? A…

A: For GST/HST credit, the individual must be Canadian resident for income tax purposes. It is designed…

Q: 1. Name three types of tax rate structure and give examples.

A: Hi student Since there are multiple questions, we will answer only first question.

Q: Which of the following items IS included in gross income? O Municipal bond interest O Unemployment…

A: Any interest from state or municipal government bonds is not included in gross income. Any…

Q: enumerate the classification of income taxpayers and give example on each classification.

A: The term "taxpayer" is used to describe someone who pays taxes. A taxpayer is an individual or…

Q: . Define:

A: A]-MINIMUM WAGE A pay is that the lowest remuneration that employers will lawfully pay their…

Q: A tax that requires a higher-income person to pay a higher percentage of his or her income in taxes…

A: Explanation Proportional tax rate is a system in which same tax rate is implied to all the tax…

Q: What is Situs of Taxation? Give at least three (3) examples.

A: Individuals' earnings from more than one country or business or profession get confused about which…