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Title: Tax and other Government Fees
Description: Description of what is Tax and other government fees that one should be paid.
Description: Description of what is Tax and other government fees that one should be paid.
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TAXATION 311
Differences between Taxes and Other fees paid to the government
Tax is a portion of your income which you pay/contribute to the government, so that it comes back to
you, under privileged and others in different and much required forms like welfare schemes, security
by maintaining army and police, roads, infrastructures, jobs, facilities to educate poo and talented,
technology and services
Tax vs
...
License fee is for regulatory purposes, not a tax, an exercise of the government through its police
power
...
In the local government, one gets the business permits from the office of the city mayor, then
the office of the city mayor has certain requirements before the business permit is issued
...
In terms for food industry: Health certificate from city health to make sure that the food business complied
with the standard of the city health office
...
Non-payment of tax does not make the business illegal, it just means that you have the liability and
obligation to pay the tax corresponding to the income
...
Business permit is a final document you will get after complying all the requirements and license
fee, without business permit, your business is illegal
...
Online Business still occupying an office so need to declare your business
...
Toll fee is paid for the use of something such as roads and bridges
...
o
Toll fee is considered a fee usually collected by private for the use of something in public for
example: Express roads in manila that you need to pay when you use the road, it is to have a
money to be used for maintenance/ repair
...
Toll fee is a proprietary in nature
...
o
Not the government who collects it, it’s more in getting income like bridges that is being
turnover over to the government
...
3
...
o
If you have a land used as a road, you can collect toll fee from the people who used your land
as a road
...
Special assessment is an enforced proportional contribution from owners of lands for special
benefits resulting from public improvement
...
There is no right of way of the road towards your house then suddenly the government
made a road, the government will pay since your land is expensive because it is accessible
because of the road
...
Special assessment applies only to lands and immovable property
...
It depends on a place value of how much you have earn
Title: Tax and other Government Fees
Description: Description of what is Tax and other government fees that one should be paid.
Description: Description of what is Tax and other government fees that one should be paid.