In: Operations Management
What is property tax, Corporate Income Tax, and Social Insurance, and Charges fees
Property tax - it includes the tax related to the property such as real estate property, house property , building of office and the property he has rented to others. This tax is paid by the owner of the property.
Corporate income tax - this tax is paid by the companies on the business profit. It is payable to the government and is used for a nation's source of income.
Social insurance - social insurance is the protection of individual against the many economic hazards such as sickness, unemployment, old age, disability etc.
Charges fees - charges fees are the among of money which is paid for some work or particular right and services.