tax Sentences

John had to pay a substantial amount of income tax this year.

The property tax payment was due by the end of April.

Be sure to add the sales tax to your total when you check out.

Several high-profile companies have been charged with tax evasion in the past decade.

The company is currently evaluating the implications of a potential change in corporate tax rates.

The town council voted to impose a local levy to fund new parks and facilities.

A duty of 15% on imported electronics was included in the food distributor's cost structure.

Tariffs on imported goods can lead to significant imposts on the consumer.

A subsidy for renewable energy projects helps offset the initial high costs of installation.

The grant from the government funded the community's efforts to build a new library.

A grant in aid was provided to the local museum to enhance its exhibits.

Income tax is a direct tax on the earnings of individuals and entities.

Sales tax is applied to specific goods and services sold within a jurisdiction.

Property tax is a tax on the value of a person's property, which is often used to fund local government services.

Corporate tax is a tax on the profits of an organized company which is often determined on the location where the company generates its income.

The government introduced new regulations to ensure that corporations do not engage in tax evasion or avoidance.

The local council is proposing a property tax increase to fund infrastructure improvements.

Citizens are often wary of new taxes and tax increases as they can impact their disposable income.

Sales tax is typically only applied to final consumer goods, not intermediate or business-to-business transactions.