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s344n2d4d5 [400]
3 years ago
14

Define individual income tax

Social Studies
1 answer:
Zinaida [17]3 years ago
3 0
An income tax is a tax that governments impose on financial income generated by all entities within their jurisdiction. By law, businesses and individuals must file an income tax return every year to determine whether they owe any taxes or are eligible for a tax refund.
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