Sources of Government Funds

Compulsory contribution imposed by the government on people.

(a)  

It is the government agency that collects taxes.

(a)  

It is a tax imposed on all working citizens of the country.

• Property Tax

• Residence Tax

• Income Tax

It is a tax imposed on individuals who want to travel within or outside the country.

• Travel Tax

• Documentary Stamp Tax

• Custom Tax

It is also known as cedula. It is often used to identify a person and where one lives.

• Property Tax

• Residence Tax

• Excise Tax

It is imposed on individuals who own properties.

• Property Tax

• Income Tax

• Corporate Income Tax

It is imposes on imported goods or things from abroad such as perfumes, cars and clothing.

• Travel Tax

• Custom Tax or Tariffs

• Property Tax

It is paid by businessmen and professional worker.

• Corporate Income Tax

• Excise Tax

• Business/Professional Tax

It is a tax imposed on stamps used in different government documents.

• Document Stamp Tax

• Property Tax

• Income Tax

It is a tax imposed on products which are harmful to one's health to discourage their use.

• Income Tax

• Custom Tax or Tariffs

• Excise Tax