Professional Documents
Culture Documents
As to Taxing Authority:
National
Local
National
This kind of taxes are levied by the National Government
Local
This kind of taxes are levied by the Local Government.
As to Rate:
Progressive Tax
Regressive Tax
Progressive Tax
Rate or amount of tax increases as the amount of the income
or earning to be taxed increases.
Regressive Tax
Tax rate decreases as the amount of income to be taxed
increases.
As to Subject Matter:
Personal Tax
Property Tax
Personal Tax
Taxes are of fixed amount upon all persons of a certain class
within the jurisdiction without regard to property, occupation
or business in which they may be engaged.
Property Tax
Assessed on property of a certain class.
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