tax

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  • Created by: Ash
  • Created on: 19-01-16 14:39
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  • Taxation
    • Progressive TAX
      • a TAX in which the marginal TAX rises with income
        • Income Tax
      • Direct TAX
        • A TAX levied on income of different kinds
          • Personal Income TAX
    • Regressive TAX
      • A TAX where in which low income-earners pay a larger proportion of their income in comparison to those having a higher incomes
        • VAT
    • Direct TAX
      • A TAX levied on income of different kinds
        • Personal Income TAX
    • Indirect Tax
      • TAX on expenditure
        • VAT/Excise Duties
    • Specific Tax
      • a fixed amount that must be paid per unit sold
        • Road TAX
    • Ad-Valorem TAX
      • A TAX whose amount is whose amount is based on the value of the transaction
        • VAT
    • Pigouvian TAX
      • A TAX used to internalise negative externalities
        • Cigarette TAX
    • Hypothecated TAX
      • TAX is imposed and collected for a sole-purpose
        • Road TAX

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