What is individual income tax

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asked Jun 4, 2017 140k views

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Nik Kalyani · Answer 1 · 2017-06-08T11:32:47+0000

An income tax is a tax imposed on individuals or entities (taxpayers) that varies with the income or profits (taxable income) of the taxpayer. Details vary widely by jurisdiction, hope this helps :)

What is individual income tax

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