defintion of taxes | BTCC Knowledge

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What does tax mean in a sentence?

Words for the Summer Heat The meaning of TAX is a charge usually of money imposed by authority on persons or property for public purposes. How to use tax in a sentence.

What is a tax?

From the view of economists, a tax is a non-penal, yet compulsory transfer of resources from the private to the public sector, levied on a basis of predetermined criteria and without reference to specific benefits received.

What is tax rate?

Taxes are most often levied as a percentage, called the tax rate. An important distinction when talking about tax rates is to distinguish between the marginal rate and the effective tax rate.

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What does tax mean in a sentence?

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