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Why is important to pay yearly income taxes?

Why is important to pay yearly income taxes?

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Expert Solution

INCOME TAXES ARE THE TAXES THAT LEVIED ON THE INCOME OF THE INDIVIDUAL.INCOME OF AN INDIVIDUAL INCLUDES SALARY, INTEREST INCOME ,RENT FROM BUILDINGS ETC.THE TAX YOU PAID MAY BE GOING TO SUPPORT THE COMMON RESOURCES OF THE COUNTRY.THEY MAY USED FOR THE IMPROVEMENT AND MAINTANENCE OF THE PUBLIC FACILITIES OF A COUNTRYSO FOR THE PROPER WELL BEING OF A COUNTRY TAXES PLAY AN IMPORTANT ROLE.

jeff jeffy answered 2 years ago
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