Tax giving the government department and Revenue is your total time given that I come is net or profit but you give some period of time from good selling or good services it's a sales revenue tax department is government taking whose taxpayer
what is The differences between tax and revenue?
- Thread starter Efficient5713
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Tax is a compulsory required amount of money which government impose on every working individual and companies whose income is up to the taxable income.It is also part of government's income while revenue is the sum total of the money a government is able to realize within a period of time.
Tax is a compulsory required amount of money which government impose on every working individual and companies whose income is up to the taxable income.It is also part of government's income while revenue is the sum total of the money a government is able to realize within a period of time.
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Tax is a compulsory required amount of money which government impose on every working individual and companies whose income is up to the taxable income.It is also part of government's income while revenue is the sum total of the money a government is able to realize within a period of time.
The difference between tax revenue and non-tax revenue is that the former is charged on income earned by an entity, which is a direct tax and on the value of transaction of goods and services, which falls under indirect tax. On the other hand, non-tax revenue is charged against services provided by the government.
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Ahsankamal
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A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures
Tax is the money that you pay out of your income or earning to the government so that the government can use this money to provide social amenities like water, roads, infrastructures while revenue is the money that you make from any venture.
Tax and revenue are not the same. Tax is a levy that is mandatory and which is usually placed on a revenue generated while revenue is the income generated from a business.
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Tax is a cut that every citizens must pay in different sectors they work to fund the country budget whereas revenue is the total amount of all the taxes have been generated so far which will later be disbursed for the country use.
A tax can be defined as the compulsory distribution that we all makes to our state or federal government because it was mandated for workers income and business profit while a revenue is the government annual income from which all the public expenses are met,
Task an be said to be the percentage of money a citizen of a country path to the government whereas revenue is the total amount of income made by a person or an entity. Task is a form of government revenue
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Tax is the amount payable to the government or related authority while revenue is the income generated by an individual or an organization.
Revenue is the income generated by a business operation through their exchange of goods and services,and tax is the charge that government impose on busineses base on extent laws on their business revenue inorder to be able to carry its responsibility.
No matter how you look at it it's actually a very simple analysis because taxes are seen as expenses while revenue has seen as money or profit that you received in for your business.
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The difference between tax and revenue is that; tax is a compulsory charges against a citizen, property or activity for the support of the government. While revenue is the government income due to taxation or it's a money gotten from collecting tax.
Tax is a compulsory charges against a citizen, property or activity for the support of the government. While revenue is the general government incomes.
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Tax is a compulsory charges against a citizen, property or activity for the support of the government. While revenue is the general government incomes.
In a lay man definition, I will say tax is what people pay to the government while revenue is what the government generate from companies.
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In a lay man definition, I will say tax is what people pay to the government while revenue is what the government generate from companies
I don't even know how to explain this all because the two of them work or been serve for the sake purpose,so it will be very hard to explain I guess but if the problem to explain is getting too much,google is our friend.
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Just like there is profit and expenses, it is still under the same thing when it comes to taxes and revenues because taxes are to be considered as your expenses while revenue are considered as your income.
Tax is usually the money government collects most times mainly from salaries,utilities and some basic produce within a country,and this is what the government use to fulfil its obligations to its citizen,then the revenue is the various forms of money coming into government coffers.
Tax and revenue are synonymous in nature but they are actually not the same. Tax is a deduction in salary or payment made by companies to government and this morning turned out as revenue to the government
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I think tax is taken from an employee salary and it is given to the government. It is to pay the salary of government officials and employees. It is also will become a fund for government program or project.
The two terminologies are entirely different from each other. Tax is something in form of a levy you pay to the government. While revenue is something that has to do with the income accruable to you from your businesses
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