facebook messenger
click arrow
Click to read more
click arrow
click here for instant quote
click arrow
Click to view samples
instatform

Taxation Assignment Help in USA, UK & Australia 

Everybody has some sort of idea on the concept on taxation. It is the process through which people pay taxes to the government. Income of any government depends mainly on this system, as a result a number of rules and regulations prevail, which domiciles of a country must follow strictly. There are various courses on taxation conducted by the colleges, universities and institutes all over the world. At the end of these courses, students either go for higher education or pursue career as tax consultants. These students also get opportunities to work as employees in finance and accounts departments in various companies. Working as tax professionals is always very exciting as well as challenging for the professionals in that field. But, as a student, one needs to be very focused and studious individual. Taxation assignment given to write on various topics of taxation are the toughest part of the courses. This is when students frequently seek taxation assignment help from professionals writers associatede.

Understanding various types of taxation and multiples of laws related to the subject are not so easy. Taxation is a matter of thorough calculations and understanding the rules and regulations intensively. Most of the assignments given on taxation are designed to judge the students’ hold on the subject and their readiness to face the real world problems.

 

Classification of Taxes

 

Direct Tax

Types of taxes vary from country to country. In most of the countries like USACanada, and India, there are Federal taxesimposed by the federal government and local taxes imposed by the state or local government.There are taxes like Income TaxProperty taxSales taxGift TaxTobacco tax, and so on. Types and rules changes from one country to another, but basic taxes like Income tax, Sales tax or Property Tax are imposed in almost all countries, only the rate and system change.

taxation assignment help
 
indirect tax
Indirect Tax

The meaning of indirect tax is quite revealing from the name itself. It is the tax levied by a government on its citizens indirectly in the form of goods and service tax and many other such taxes. The sales tax is charged in different countries by different names. Some of the other famous indirect taxes include service tax and excise duty. Unlike direct tax, the burden of paying an indirect tax can be passed on to someone else. For more information on the calculations and other details about indirect tax, take the assistance of EssayCorp with taxation assignment help, homework help or any other writing services.

 
Different Taxes Imposed and Studied In Different Countries
  1. Federal Income Tax - It is a tax imposed on the annual income by the national government. It constitutes the major part of the revenue of the government.
  2. State or Local Income Tax – This tax is imposed by state or local government on annual income. Though, not all governments have implemented state level income taxes.
  3. Payroll Tax - It is a tax that is paid by the employer on behalf of its employees on the basis of the salary of the employee. In countries like the United States, both state and federal authorities collect some form of payroll tax. In the United States, Medicare and Social Security, also called FICA, make up the payroll tax.
  4. Unemployment Tax - A federal tax that is allocated to state unemployment agencies to fund unemployment assistance for laid-off workers.
  5. Sales Tax - Sales taxes are the taxes that are imposed by the government on the goods purchased and are collected by the retailer and are then passed to the state. Sales tax is based on a percentage of the selling price of the goods and services and is set by the state. Technically, consumers pay sales taxes, but effectively, the business pays them since the tax increases consumer costs and causes them to buy less.
  6. Value-added Tax - A national sales tax collected at each stage of production or consumption of a good. Depending on the political climate, the taxing authority often exempts certain necessary living items, such as food and medicine from the tax.
  7. Corporate Tax - The corporate taxes in Australia are imposed at 30% flat rate. Employees, as well as companies, need to pay tax to the federal government in Australia for profits earned. Prior to the distribution of profits (as dividends) amongst the shareholders, the corporate tax is paid to the government. Franking credit is the tax credit in Australia, is made available to the shareholders so that they can see the corporate tax, which has already been paid. The above- mentioned procedure is known as dividend imputation.
  8. Inheritance Tax - Among all the other taxes that are imposed in Australia, Inheritance Tax is also included. They don't have inheritance tax in general, but in the events when there are estate acquired assets, the assets are subjected to the Capital Gains Tax or the CGT. The Australian government envisages that, if individual inherited assets from a deceased person who breathed his last after September 20th, 1985, special records are required to be maintained. If the asset acquired was prior to 20th September 1985, the asset value at the time of death is too evaluated.
  9. Income Tax - Different types of taxes in Australia also include income tax. Income taxes form the main sources of revenue for funding the different activities of the government, especially the federal government. Income tax is levied on individuals who fall under the taxable group of people. The idea of income tax took birth in Tasmania in 1880. During that period tax was imposed to collect money from the people of Tasmania, as the government in Australia was not in a good state. Thereafter, income tax was levied on the income of the people residing in Southern regions of Australia. By 1907, income tax was levied on the income of almost all individuals residing in all the states of Australia. Low Income Tax Offset, Family tax benefit as well as capital gains tax are the different categories of income tax levied on the income of individuals along with personal income taxes.
Taxation Assignment Help by Experts

We at EssayCorp have highly talented and dedicated team of writers who work very hard and with much dedication to bring you the best assignment possible. These are the features that differentiate us from the rest out there

our features
Our Features
  • Proper assessment of assignment by professionals
  • Work is delivered before the deadline
  • Deliver quality assignments every time
  • Free referencing and in text referencing
  • Free Turnitin report with assignments
  • Affordable price and quality service
  • Unlimited revisions anytime
  • 24X7 availability for bookings and queries

Assignment Help From EssayCorp In The US, UK & Australia

EssayCorp draws various features that make us more competitive and reliable. Our goal is to make students free from their assignments burden, by providing the best assistance. Our expert writers are PhD and masters in taxation and are well aware of all the amendments and constitutional framework. They pen down their research in a structure as asked by the universities. The final assignment delivered is plagiarism free and proofread so that you fetch the best grades.

our process
24*7 Homework Help
ask
Ask a Question

Get homework help anytime, anywhere!

ask
Get an Answer

Tutors are online 24/7 to help in any subject.

arrow
Ask Your Question to Experts
click arrow
Click to read more
click arrow
click here for instant quote
click arrow
Click to view samples
qualified expert
Qualified Experts
The experts associated with us are proficient in all the domains. Our writers ensure to match the high quality standards and assist you in assignment writng.
On-Time Delivery
On-Time Delivery
Our experts understand the requirements of the students and work in sync with the guidelines. We ensure to deliver your assignments before deadline.
turnitin-report.png
Get Free Turnitin Report
We ensure you to provide plagiarism free assignments and offer plagiarism reports free of cost, students do not need to check the plagiarism percentage separately.
100% Guaranteed Refunds
100% Guaranteed Refunds
we provide you value for money service. we assure you 100 % guaranteed refunds if we fail to serve you excellence and qualiy assignments.
100% Ensures Privacy
Ensures Privacy
We value your identity and credentials and never disclose any information related to you or your assignment with any other student or university.
Topics we cover in
Taxation Assignment
  • Basic Income Taxation Concepts
  • Capital Gains and Capital Losses
  • Federal income taxation
  • Tax Practice and procedure
  • Introduction to corporate Taxation
  • Taxation of intellectual Property
  • Tax and Technology
  • Tax Accounting and financial Statement
  • Criminal Tax
  • Tax law Research
Get Instant Quote On Your Assignment
Total Pages :
Words :
No Word Limit
Browse
click arrow
Click to read more
click arrow
click here for instant quote
click arrow
Click to view samples