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Q: How many different types of federal taxes are there?
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Americans pay many different types of taxes to federal state and local governments?

Value added taxes


What types of taxes are federal taxes?

Federal taxes are paid to the federal government. There are many different ones; in the transportation business income tax, Social Security tax, unemployment tax, fuel tax, road tax and federal excise tax are the most important.


How many different types of taxes are there?

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American pay many taxes different type of taxes of federal state and local government?

Value added taxes


What are the three main types of taxes?

There are many different types of taxes including personal and business taxes. Business taxes doesn't include your personal taxes and are generally higher.


What different types of tax do you have in this country?

We have quite a few including Income tax, (state and federal) Sales tax, which is all tax on anything bought or sold, property tax, automobile tax, there are taxes for waste management and utilities, and many many others.


Which branch collects taxes?

The Internal Revenue Service which is a part of the Executive branch collects taxes. The Legislative branch which is Congress creates taxes.


Do banks pay federal taxes?

As far as I know, they do.Of course, and State taxes and payroll taxes, and many special bank only taxes and fee's.Some special savings groups (like credit unions) may have special tax exemptions, as well as many regulatory restrictions.While 50% of the people don't pay ant=y tax at all...because the don't make "enough" money - or get all types of exemptions - many Cos don't pay any federal income tax because (as we have seen by the many banks failing) they lose money (don't have income). However, even then, they pay all types of other taxes, including an alternative type of State tax based on different calculations of value (not just income), which are substantial.


Are the taxes higher in the United States or in Weston Europe?

There are many different types of tax. Some are higher in Europe and some are lower.


Can a person claim exempt of federal taxes for only one paycheck?

If you earn income or make money, you are required to pay federal taxes. It does not matter how many paychecks you receive.


How many years can you deduct state income payments from your federal taxes?

20


What type of tax is used by Congress and the federal government to pay for operating expenses?

Many taxes are used by the federal government to pay for its operating expenses. These taxes include income taxes, social security taxes, unemployment taxes, and excise taxes.