Income Tax
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An income tax is a tax levied on the income of individuals or businesses (corporations or other legal entities). Various income tax systems exist, with varying degrees of tax incidence. Income taxation can be progressive, proportional, or regressive. When the tax is levied on the income of companies, it is often called a corporate tax, corporate income tax, or profit tax. Individual income taxes often tax the total income of the individual (with some deductions permitted), while corporate income taxes often tax net income (the difference between gross receipts, expenses, and additional write-offs). Various systems define income differently, and often allow notional reductions of income (such as a reduction based on number of children supported). From Wikipedia under the
GNU Free Documentation License Nounincome tax (plural income taxes)
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GNU Free Documentation License Tax USA, Corp. | Income Tax & Accounting Services
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Waterloo woman sentenced for false tax filings
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Fri, 14 Oct 2011 22:10:34 -0700 A re-elected Saskatchewan Party government would deliver a $1000 non-refundable income tax credit to all first-time homebuyers. Premier Brad Wall announced the $1000 Saskatchewan First-Time Homebuyers Tax Credit during a campaign stop in Regina. ... From Google News Search: "income tax" City income tax prompts protests both pro and con | kval cbs 13 ...
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Information about income tax and how it is calculated and collected. www.adviceguide.org.uk/index/life/tax/income_tax.htm Utah Income Tax
Utah income tax information and instructions, from the Utah State Tax Commission incometax.utah.gov/2009/ From Web Search: "income tax" Income Tax 2010/11
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