Tax return

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German tax forms

A tax return is the completion of documentation that calculates an entities income earned with the amount of tax payable to the government, government organisations or to potential taxpayers.[1]

Specific tax forms are intended to be used by taxpayers, or private entities that are required to report information on the tax liabilities together with income earners, businesses and companies.[2] Tax revenue is used by governments to grant sums of money to communities, including military, education, hospitals and infrastructure.[1]

See also[edit]

References[edit]

  1. ^ a b Commission, c=au;o=Australian Government;ou=Australian Government Australian Securities & Investments (2018-06-21). "Your first tax return | ASIC's MoneySmart". www.moneysmart.gov.au. Retrieved 2018-08-22.
  2. ^ Office, Australian Taxation. "Income tax return". www.ato.gov.au. Retrieved 2018-08-22.