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An income tax is a tax imposed on individuals or entities (taxpayers) in respect of the income or profits earned by them (commonly called taxable income). Income tax generally is computed as the product of a tax rate times the taxable income. Taxation rates may vary by type or characteristics of the taxpayer and the type of income.
With a payroll of $2.4 billion, the airport has a direct and indirect economic impact of $3.2 billion on the local and regional economy and an annual regional economic impact of more than $19.8 billion. [43] In December 2015, the airport became the first airport in the world to serve 100 million passengers in a year. [44]
On 8 December 2004 new legislation was passed making it mandatory for an employer that has, or is a member of a group that has, an expected payroll tax liability equal to or greater than $100,000 per annum, to lodge and pay their payroll tax return via Revenue Online (ROL).
Comparison of total taxes paid by a household earning the country's average wage (as of 2005), including personal income tax, employee and employer social security contributions, payroll taxes and cash benefits. It does NOT include local income tax levied by states and cities. (source: Organisation for Economic Co-operation and Development).
Employee's and self-employed's social security contributions 90.2 - - 90.2 Tax on net wealth 4.8 8.5 - 13.3 Businesses (whose taxes are payable the year after the income year) 59.2 1.3 0.2 60.8 Income tax (including power stations) 58.9 1.3 0.2 60.4 Tax on net wealth 0.3 - - 0.3 Property tax - 6.6 - 6.6 Employers' social security contributions ...
In Belgium, it is also possible to pay taxes via post or online (using Belgian government's tax portal). For non-residents with Belgian-earned income, it is a bit more complicated. A tax return is delivered as soon as they inform competent tax collectors office. On the other hand, they can also pay with the use of post or online. [2]
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