Below are the different Categories of taxes in Australia. Australian government taxes State taxes Local government taxes Australian government taxes: Individuals and other withholding taxes: Taxable income of individuals, including from wages, salaries, allowances, interest, dividends and rents. Company tax: Taxable income of companies Goods and services tax: Taxable supplies of goods and services and […]

Below are the important categories of taxes in Bangladesh. Personal Income Tax: The rates of Personal Incomes Taxes (PITs) are determined on the basis of differentiated income of different income groups. Bangladesh’s tax system has five income brackets. There are differentiated rates and tax exemptions for different types of taxpayers, for instance the threshold of […]

Below are the different types of taxes in Pakistan. Personal Tax: All individuals, unregistered firms, associations of persons, etc., are liable to tax, at the rates randing from 10 to 35 per cent. Business Tax: Tax on the dividends received by a public company from a Pakistan company is payable at the rate of 5% […]

Taxes in Malaysia are mainly divided into categories. Direct Tax Indirect Tax Direct Taxes are divided as follows: Corporate Income Tax: Resident and non-resident organisations conducting business and earning taxable income in Malaysia are taxed on income accrued in or derived from Malaysia. Resident organisations carrying out business of air/sea transport, banking and insurance are […]

Below are different types of taxes in Singapore. Income Tax: Income tax is chargeable on income of individuals and companies. Property Tax: Property tax is imposed on owners of properties based on the expected rental values of the properties. Estate Duty: Estate duty is levied on the value of a deceased’s net assets in excess […]

Below are important type of taxes in Philippines. Capital Gains Tax: Capital Gains Tax is a tax imposed on the gains presumed to have been realized by the seller from the sale, exchange, or other disposition of capital assets located in the Philippines, including pacto de retro sales and other forms of conditional sale. Documentary […]

Below are the important types of taxes in United States of America Income Tax: The federal government, 43 states and many local municipalities levy income taxes on personal and business revenue and interest income. In most cases, income tax brackets are progressive, meaning that the greater the income, the higher the rate of taxation. Sales […]

Below are the important types of taxes in United Kingdom. Income Tax: This tax is paid based on income of indidual during the tax year. The basic rate of income tax is 20%, paid on income over the income tax threshold of £10,400. National Insurance Tax: National Insurance (NI) is a tax which is taken […]

There are two types of taxes in India. Direct Taxes Indirect Taxes Direct Taxes: These taxes are levied directly on an entity or an individual and cannot be transferred onto anyone else. Direct taxes, which are imposed by the Government of India, are: Income Tax : Income tax, this tax is mostly known to everyone. […]