What is Surtax?

SURTAXE is other taxes that are evaluated on assets that have already been taxed. In some cases, Surtax is actually an additional tax tax that has already been paid. Although there are several different models used to implement the tax structure of this nature, Surtax usually includes the enactment of legislation that authorizes a fee for income or individual, when the net income generated in a certain period exceeds a certain number.

Almost every nation uses some type of SURTAXE as a means of creating additional income for use with different government functions or to meet some type of additional burden on Earth's resources. In the war, the use of Surtax is not unusual to finance war efforts. One of the model for this type of tax collected is to store an additional tax that pays off after calculating standard and usual income taxes. In many cases, this additional tax is a fixed percentage of EITHER tax payable from the generated income or part of the income, toThe target exceeds the basic amount.

SURTAX can be calculated as a graded income tax. With this model, several levels of income are introduced. The actual percentage of SURTAX depends on which of these levels or levels is relevant to generated income. For example, if a taxable income decreases between $ 500,000 and $ 1,000,000 by US dollars (USD), the taxpayer pays another two percent tax. If the taxable income exceeds a part of $ 1,000,000, the taxpayer is assessed by a forestry of four percent.

SURTAX implementation can take place at times other than war. One example is when the nation tries to recover from the recession. The intention is to impose a tax that only applies to individuals and companies that create substantial incomes during the tax year. An additial tax generates funds that the government can use to stimulate the economy, which could lead to a reduction in degreeUnemployment and stimulation of the production of goods and services. Although there are supporters who see this added tax as an ideal way to achieve this goal, others feel that the surcharge causes more damage than good. The idea is that the tax minimizes sources that businesses could use for memories of employees who have been released, or to finance other strategies that benefit the communities where these companies are established.