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Tax Rates Around the World
(Note: Only the underlined countries are currently ready)
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Income Tax |
VAT |
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Individual |
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1. Clarification: In countries in which VAT is charged at a number of different rates, the Percentage in the Table is the highest percentage.
2. The percentages in the Table do not include Local tax, if it exists.
Tax Updates
Tax Updates Archive
History of Taxation
Introduction
Tax has an extremely long-established history. The ancient Egyptians appointed Tax Masters who increased the burden on the Children of Israel - slaves under Egyptian domination. As a general rule, tax is the source that is best exploited by government. It is imposed on individuals and companies to finance services that the State is obligated to provide and to meet its goals....More info
The following pages attempt to give a brief summary of the principles of double entry bookkeeping. After reading the material you will find that the "bogey" is not that bad.
The Development of Bookkeeping.
In each area of life, techniques are developed and inventions made to answer the problems that arise therein. Thus, for example, the invention of the "airplane" provided an answer to the problem of reducing travel time between distant cities. The discovery of "canned foods" on the other hand gave an answer to the need to keep food fresh for long periods. This is similar to what happened with bookkeeping, in that it answered the severe problems that arose in managing modern commerce. More info...
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