Quote:
Originally Posted by fatfoo
A lot of people write on GFY assuming that they are writing for a USA audience. Keep in mind, that there are people here from all over the world with all different kinds of tax rules.
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To tax (from the Latin taxo; "I estimate", which in turn is from tangō; "I touch"). Taxes are also imposed by many subnational entities. Taxes consist of direct tax or indirect tax, and may be paid in money or as its labour equivalent (often but not always unpaid). A tax may be defined as a "pecuniary burden laid upon individuals or property owners to support the government [?] a payment exacted by legislative authority."[1] A tax "is not a voluntary payment or donation, but an enforced contribution, exacted pursuant to legislative authority" and is "any contribution imposed by government [?] whether under the name of toll, tribute, tallage, gabel, impost, duty, custom, excise, subsidy, aid, supply, or other name."[1]