A tax (also known as a "duty") is a financial charge or other levy imposed on an individual or a legal entity by a state or a functional equivalent of a state (e.g. tribes, secessionist movements or revolutionary movements). Taxes could also be imposed by a subnational entity.

Taxes may be part of a direct tax or indirect tax, and may be paid in money or as corvée labor. In modern, capitalist taxation systems, taxes are levied in money, but in-kind and corvée taxation are characteristic of traditional or pre-capitalist states and their functional equivalents.

Taxes are usually collected by a governmental agency such as the Internal Revenue Service in the United States. When taxes are not paid to a government's satisfaction, penalties such as fines, forfeiture, and imprisonment are carried out against the non-paying entity or individual. These penalties are also typically carried out by a governmental agency, such as the Federal Bureau of Investigation in the US. In most modern industrialized countries, when an individual fails to pay his government the taxes that that government demands of him, it will ultimately result in his imprisonment at the hands of the state.

More on [ Tax ]

Business Applications - RSS Sponsorship

Microsoft, eat your own dog food
Tue, 26 Aug 2008 08:06:12 -0700
"Eating your own dog food" is an odd software development-related term that describes the importance of ensuring that your own developers use the technology they are creating. When Microsoft has hewed closed to this principle, their products have achieved dominant market shares. Unfortunately, Microsoft is not applying this...
MSI Eclipse - First X58 motherboard for Intel Core i7
Tue, 26 Aug 2008 07:50:27 -0700
MSI has unveiled details of its new Eclipse motherboard - the company's first X58 motherboard for Intel Core i7. by Adrian Kingsley-Hughes
Intel teases shape-shifting programmable matter
Fri, 22 Aug 2008 07:46:30 -0700
Intel CEO Justin Rattner teased his Intel Developer Forum audience with technology of the not-so-disant-future that could take an object design of any imaginable shape, 'hit the print command,' and see the matter take shape. SAN FRANCISCO, CA--Mobile phones in future could be thumb-sized in pockets, and in practically...
Nokia and Sun confirm S40, Java ME vulnerabilities
Thu, 21 Aug 2008 11:21:26 -0700
According to published reports, Nokia and Sun have both confirmed the existence of serious security problems in the Series 40 and Java Platform Micro Edition Java ME , giving instant credibility to the claims by Polish hacker Adam Gowdiak. Gowdiak left, one of the four LSD researchers...
Pulse provides novel training and tools configuration resource to aid in developer education, preparedness
Thu, 21 Aug 2008 08:08:42 -0700
MyEclipse maker Genuitec developed Pulse last year to monitor and update the most popular Eclipse plug-ins, but Pulse also has a powerful role in making Java training and tools preferences configuration management more streamlined, automated and extensible. by Dana Gardner
Intel backs Microsoft's concurrent-computing play
Wed, 20 Aug 2008 10:10:50 -0700
On August 20, Intel rolled out new parallel-processing tools that support Microsoft's concurrent runtime environment that is expected to become a central component of Redmond's next-generation computing model. by Mary Jo Foley

Subscribe to Software RSS feed