Taxes

{
  "id": "MLC-T-ECS-001915",
  "term": "Taxes",
  "field": "Economic statistics",
  "definition": "Compulsory contributions collected by a government for public purposes except employee and employee assessments for retirement and social insurance purposes, which are classified as insurance trust revenue.\n\nTax revenue is classified as general revenue and comprises amounts received (including interest and penalties but excluding protested amounts and refunds) from all taxes imposed by a government. Note that local government tax revenue excludes any amounts from shares of state-imposed and collected taxes, which are classified as intergovernmental revenue.",
  "subject": "Governments",
  "see_also": [
    "Corporation net income taxes",
    "Death and gift taxes",
    "Document and stock transfer taxes",
    "General sales or gross receipts taxes",
    "Individual income taxes",
    "Insurance sales and gross receipts taxes",
    "License taxes",
    "Motor fuel sales taxes",
    "Motor vehicles license taxes",
    "Occupations and business license taxes",
    "Property taxes",
    "Public utility taxes",
    "Revenue (Business)",
    "Sales and gross receipts taxes",
    "Severance taxes",
    "Statistics about Governments",
    "Tobacco products sales taxes"
  ],
  "references": [
    "U.S. Census Bureau Glossary"
  ],
  "url": "https://mlchart.com/terminology/economic-statistics/taxes/"
}