Appraisal

Appraisal is an opinion of value, usually the market value of a piece of property. Market value... More >>

Assessment

Assessment is the process of assigning a cash value to property for the purpose of taxation.... More >>

Bonded warehouse

Bonded warehouse is a facility used to store goods on which the goods' owner must pay the... More >>

Capital gains tax

Capital gains tax is a tax on income from the sale of capital assets, which include stocks,... More >>

Excise

Excise is a tax on the manufacture, sale, or use of goods or services levied by local, state, or... More >>

Flat tax

Flat tax is a term used to describe any proposal that would flatten tax rates and eliminate most... More >>

Gasoline tax

Gasoline tax is a tax on the purchase of gasoline. This tax, commonly known as a motor fuel tax,... More >>

George, Henry

George, Henry (1839-1897), an American political economist and social reformer, originated the... More >>

Inheritance tax

Inheritance tax is paid on property passed on from a deceased person to those who are to inherit... More >>

Inland revenue

Inland revenue refers to all taxes except those on foreign commerce. Inland revenue is the main... More >>

Internal revenue

Internal revenue is the income a government derives from sources within the country, in contrast... More >>

Poll tax

Poll tax is a tax levied equally on all the citizens of a community. The amount of the tax is the... More >>

Property tax

Property tax is a tax collected from the owners of buildings, land, and other taxable property,... More >>

Public revenue

Public revenue is funds raised through taxation to pay the expenses of government. See Taxation;... More >>

Sales tax

Sales tax is a tax on the sale of goods and services. The tax is a percentage of the sale price,... More >>