income taxes Sentence Examples
- Individuals are obligated to pay income taxes based on their annual earnings.
- The government uses income taxes to fund essential services and infrastructure.
- Filing income taxes accurately is crucial to avoid penalties and ensure compliance.
- Income taxes can be calculated using different methods, such as the standard deduction or itemized deductions.
- Tax deductions and credits can reduce the amount of income taxes owed.
- Income taxes are levied on salaries, wages, investments, and other forms of income.
- Businesses are also subject to income taxes based on their profits.
- Tax evasion, the intentional avoidance of paying income taxes, is a serious offense.
- Tax audits are conducted to verify the accuracy of income tax returns.
- Income taxes play a vital role in distributing wealth and funding public projects.
income taxes Meaning
income taxes
a tax on the net income of an individual or a business compare excise, property tax, a tax on the income of a person or business, a tax on the net income of an individual or a business
Synonyms & Antonyms of income taxes
FAQs About the word income taxes
a tax on the net income of an individual or a business compare excise, property tax, a tax on the income of a person or business, a tax on the net income of a
property taxes, poll taxes, tariffs, hidden taxes, taxes, capitations, direct taxes, withholding taxes, single taxes, value-added taxes
No antonyms found.
Individuals are obligated to pay income taxes based on their annual earnings.
The government uses income taxes to fund essential services and infrastructure.
Filing income taxes accurately is crucial to avoid penalties and ensure compliance.
Income taxes can be calculated using different methods, such as the standard deduction or itemized deductions.
