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rent, and a land value tax, which is a levy on the value of land, excluding the value of buildings and other improvements. Under a property tax system,...

A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization...

income tax began at a levy of 2 old pence in the pound (1⁄120th) on annual incomes over £60 (equivalent to £7,978 as of 2023), and increased up to a maximum...

selective sales taxes. As of 2017, 5 states (Alaska, Delaware, Montana, New Hampshire and Oregon) do not levy a statewide sales tax. California has the...

A capital levy is a tax on capital rather than income, collected once, rather than repeatedly (regular collection would make it a wealth tax). For example...

For the taxing authority, one advantage of the property tax over the sales tax or income tax is that the revenue always equals the tax levy, unlike the...

entitled to levy taxes on citizens and companies. The federal government currently levies a value added tax, corporate income tax, and excise taxes. Some emirates...

A use tax is a type of tax levied in the United States by numerous state governments. It is essentially the same as a sales tax but is applied not where...

property of a person who has died, whereas an estate tax is a levy on the estate (money and property) of a person who has died. However, this distinction is...

A financial transaction tax (FTT) is a levy on a specific type of financial transaction for a particular purpose. The tax has been most commonly associated...

A consumption tax is a tax levied on consumption spending on goods and services. The tax base of such a tax is the money spent on consumption. Consumption...

Services Tax (GST) is a successor to VAT used in India on the supply of goods and service. Both VAT and GST have the same taxation slabs. It is a comprehensive...

United States Constitution allows Congress to levy an income tax without apportioning it among the states on the basis of population. It was passed by Congress...

economics, a gift tax is the tax on money or property that one living person or corporate entity gives to another. A gift tax is a type of transfer tax that...

A Pigouvian tax (also spelled Pigovian tax) is a tax on any market activity that generates negative externalities (i.e., external costs incurred by third...

Jersey. The levies to tax on income were originally set out in Schedules to the Income Tax Act. In the case of United Kingdom corporation tax, they remain...

to the federal government, 12 states tax the estate of the deceased. Six states have "inheritance taxes" levied on the person who receives money or property...

Henry George most notably championed the idea of a land value tax in Progress and Poverty, as a levy on the value of unimproved or natural aspects of the...

sterling. Corporation tax in the United Kingdom is a corporate tax levied in on the profits made by UK-resident companies and on the profits of entities...

intent to reform income taxes or value added taxes into something considered more economically liberal. Other reforms propose tax systems that attempt to...