Want this question answered?
Income tax IS based on your income that is why it is called INCOME tax.
direct tax
income tax
The federal personal income tax is an example of progressive tax.
Income Tax
That would be income tax
Income Tax
Income Tax
Income Tax
Proportional or Indexed
Inheritance tax is the tax that you have to pay if you gain some kind of income through an inheritance fund. It is like adding to the income you gain through inheritance.
Tax on personal income (PIT) - is the main type of direct taxes. This tax is calculated in percentage terms of the total income of individuals less documented expenses in accordance with applicable law.