Tax 1
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100
Personal Income Tax
What is tax levied on the income of individuals or businesses
100
A tax placed on products or services that are deemed to be unnecessary or non-essential.
What is Luxury Tax
100
A tariff or tax on the importation (usually) or exportation (unusually) of goods.
What are Custom Duties
100
a levy paid by a person who inherits money or property or a tax on the estate (total value of the money and property) of a person who has died.
What is Inheritance Tax
100
A show where people party and drink massive amounts of alcohol in Jersey.
What is The Jersey Shore
200
They are used to report income and calculate taxes to be paid to the federal government of the United States.
What is a 1099 Form
200
A tax on your right to transfer property at your death.
What is Estate Taxes
200
This usually happens only if you have other substantial income (such as wages, self-employment, interest, dividends and other taxable income that must be reported on your tax return) in addition to your benefits.
What is Social Security Tax
200
The general term for efforts by individuals, corporations, trusts and other entities to evade taxes by illegal means.
What is Tax Evasion
200
Has 4 legs and barks.
What is an alligator
300
A person whose job is to keep or inspect financial accounts.
What is an Accountant
300
a tax that employers are required to withhold from employees' wages, and often covering advance payment of income tax and social security contributions.
What is Payroll Tax
300
May provide a potential taxpayer complete relief from tax, tax at a reduced rate, or tax on only a portion of the items subject to tax.
What is Tax Exemption
300
The amount of money collected by the federal government from taxes
What are Federal Tax Revenues
400
Any method of reducing taxable income resulting in a reduction of the payments to tax collecting entities, including state and federal governments.
What is Tax Shelter
400
The amount of income, property, or sales tax levied on an individual or business.
What is a Tax Burden
400
A reduction of the income subject to tax, for various items, especially expenses incurred to produce income.
What is Tax Deduction
400
Taxes that are levied on the sale or use of particular supplies or services.
What are Federal Excise Taxes
400
Who lives in a pineapple under the sea?
Who is Spongebob Squarepants.
500
A kind of sumptuary tax: a tax specifically levied on certain generally socially proscribed goods and services.
What is "Sin" Tax
500
A tax based on the income made by the corporation.
What is Corporate Income Tax
500
Usually paid by the consumer at the point of purchase, itemized separately from the base price, for certain goods and services.
What is Sales Tax
500
Luxury Tax
What is a tax placed on products or services that are deemed to be unnecessary or non-essential.
500
A fast food restaurant that stopped selling chicken fries
What is Burger king