US Taxation Accounting Homework Help

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US Taxation Homework Help

United states of America has several states and local governments.It is a country with the highest GDP. o taxes are imposed in different ways such as income tax, payroll, sales, tax, property tax, gains, dividends, and imports, etc. to spend the money on public services. US has one the most progressive tax system in the modern industrialized world. Federal and local governments collect taxes from individuals and business organizations on their net income. United states is one of the two countries that taxes its nonresident citizens in the same way and rates as its residents.

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