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Explore our comprehensive guide on the top five types of taxes. Whether you're an individual or a business owner, understanding these tax categories is crucial. Trust us for expert tax services to navigate the intricate world of taxation and optimize your financial strategy.
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Income Tax • Tax levied on the income earned by individuals and businesses. • Can be progressive (higher income, higher tax rate) or flat.
Sales Tax • Applied to the sale of goods and services. • Rate varies by location and item type.
Corporate Tax • Tax on a company's profits. • Rate varies based on the business structure.
Capital Gains Tax • Applied to the profit from the sale of assets like stocks or real estate. • Rates may differ for short-term and long-term gains.
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