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What Type Of Tax Is Corporate Tax?

January 24, 2024 by Emily Lee

What Type Of Tax Is Corporate Tax? A corporate tax, also called corporation tax or company tax, is a direct tax imposed by a jurisdiction on the income or capital of corporations or analogous legal entities. Many countries impose such taxes at the national level, and a similar tax may be imposed at state or

What Is The Income Tax Base?

January 24, 2024 by Ahmed Ali

What Is The Income Tax Base? The tax base is the total amount of income, property, assets, consumption, transactions, or other economic activity subject to taxation by a tax authority. A narrow tax base is non-neutral and inefficient. A broad tax base reduces tax administration costs and allows more revenue to be raised at lower