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Most important revenue sources, include the income tax, social security, corporate tax and the value added tax, which are all applied on the national level. The Albanian Taxation Office is the revenue service of Albania. As of 2014, income tax is progressive, with three brackets. [1] [2]
United States. According to the Internal Revenue Service, 77% of tax returns filed in 2004 resulted in a refund check, with the average refund check being $2,100. [1] In 2011, the average tax refund was $2,913. [2][3] For the 2017 tax year the average refund was $2,035 and for 2018 it was 8% less at $1,865, reflecting the changes brought by the ...
financa.gov.al. The Ministry of Finances and Economy (Albanian: Ministria e Financave dhe Ekonomisë) is a department of the Albanian Government, responsible for matters relating to economic policy, the central government budget, taxes, banking, security and insurance, international economic work, central, regional and local government.
The General Directorate of Taxation (Albanian: Drejtoria e Përgjithshme e Tatimeve) is a revenue collection agency of the Albanian Government. Its function is to collect tax revenues, uniformly applying tax legislation to finance the Albanian state budget. To achieve these goals, the Directorate assists taxpayers with services so they can ...
Value Added Tax (VAT) is an indirect tax levied on the value creation or addition. The concept of VAT in Nepal was introduced in FY 2049/50 but the act was developed in BS 2050. VAT was implemented in 1998 and is the major source of government revenue. It is administered by the Inland Revenue Department of Nepal.
A tax is a mandatory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization to collectively support government spending, public expenditures, or as a way to regulate and reduce negative externalities. [1] Tax compliance refers to policy actions and individual behaviour ...
Tax returns, in the more narrow sense, are reports of tax liabilities and payments, often including financial information used to compute the tax. A very common federal tax form is IRS Form 1040. A tax return provides information so that the taxation authority can check on the taxpayer's calculations, or can determine the amount of tax owed if ...
A tax return is a form on which a person or organization presents an account of income and circumstances, used by the tax authorities to determine liability for tax. [1][2] Tax returns are usually processed by each country's tax authority, known as a revenue service, such as the Internal Revenue Service in the United States, the State Taxation ...