Taxation and Compliance

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Tax laws and regulations that are applicable to businesses, such as income tax, sales tax, payroll tax, and compliance requirements.

Taxation: The study of laws that regulate how individuals and businesses pay taxes to the government.
Compliance: The process of following legal and regulatory requirements in business.
Tax Law: The branch of law that governs taxation, including income tax, property tax, and sales tax laws.
International Taxation: The study of laws and regulations that govern taxation across borders and can have significant consequences for companies doing business internationally.
Tax Planning: The process of analyzing an individual's or business's financial situation to minimize tax liabilities.
Audit and Assessment: The process of reviewing financial records and tax returns by government authorities to assess compliance.
Tax Disputes: Disagreements between taxpayers and government authorities over tax-related matters, including the collection of taxes, penalties, and interest.
Tax Treaties: Agreements between countries to govern cross-border taxation, often aimed at preventing double taxation.
State and Local Taxation: The study of laws that regulate taxation at the state and local level, including sales and use taxes.
Corporate Taxation: The study of tax laws that apply to corporations, including tax deductions and credits for business expenses.
Employment Taxation: The study of laws and regulations governing the withholding and payment of taxes for employees.
Estate Planning: The process of managing an individual's estate to minimize tax liabilities upon death.
Tax-Exempt Organizations: The study of tax laws that apply to non-profit organizations, including churches, charities, and educational institutions.
Value-Added Tax: A tax on the value added at each stage of production and distribution, commonly used outside of the United States.
Excise Tax: A tax on specific goods, such as alcohol, tobacco, and gasoline.
Transfer Pricing: The process of setting prices for transactions between related parties to comply with tax laws.
Sales Tax Nexus: The legal requirement for a seller to collect sales tax if they have a physical presence in a state.
Affordable Care Act Compliance: The regulatory requirements imposed by the Affordable Care Act, including employer mandates and individual mandates.
Healthcare Taxation: The study of healthcare-related tax laws, including the taxation of healthcare providers and patients.
Environmental Taxation: The study of tax laws that encourage environmental conservation and sustainability.
Income tax: A tax levied on personal or corporate income earned during a financial year.
Sales tax: A tax imposed on sale, exchange or transfer of goods and services.
Capital gains tax: A tax on the profit earned from selling an asset like stocks, property, and artwork.
Property tax: A tax levied on the ownership of real estate or other property.
Estate tax: A tax on the estate or assets inherited by an heir.
Inheritance tax: A tax levied on the value of the property or money inherited by an heir.
Excise tax: A tax on the manufacturing, sale or usage of certain goods like cigarettes, gasoline, alcohol, etc.
Value-added tax (VAT): A tax levied on the value added at each stage of production of goods or services.
Customs duty: A tax imposed on the import of goods in a country.
Payroll tax: A tax levied on wages and salaries earned by employees.
Franchise tax: A tax on corporations and businesses for the privilege of doing business in a particular state.
Occupational tax: A tax levied on people who perform certain jobs or businesses.
Environmental tax: A tax on activities that harm the environment, like mining, waste disposal, etc.
Gift tax: A tax on a gift above a certain value.
Medicare tax: A tax levied to fund the Medicare program for the elderly.
Social security tax: A tax levied to fund the social security program for the elderly.
Compliance regulations: The rules, laws and directives that businesses have to comply with, like data protection laws, anti-money laundering regulations, etc.
"The rates and merits of the various taxes, imposed by the authorities, are attained via the political process inherent in these bodies of power, and not directly attributable to the actual domain of tax law itself."
"Public or sanctioned authorities, such as federal, state and municipal governments (as in the case of the US)."
"To assess and collect taxes in a legal context."
"Tax law is part of public law."
"Income tax, estate tax, business tax, employment/payroll tax, property tax, gift tax and exports/imports tax."
"Existing tax laws."
"It covers the application of existing tax laws on individuals, entities and corporations."
"The rates and merits of the various taxes... are attained via the political process inherent in these bodies of power."
"There have been some arguments that consumer law is a better way to engage in large-scale redistribution than tax law because it does not necessitate legislation and can be more efficient."
"The political process inherent in these bodies of power."
"Income tax."
"Public or sanctioned authorities."
"Property tax."
"Via a body of rules and procedures (laws)."
"The rates and merits of the various taxes... are attained via... the political process inherent in these bodies of power."
"The application of existing tax laws on individuals, entities and corporations."
"In areas where tax revenue is derived or levied."
"Federal, state and municipal governments (as in the case of the US)."
"Given the complexities of tax law."
"To engage in large-scale redistribution."