Tax may be exempt from tax. Property t?x is

Tax of autonomous
republic consist of abovementioned tax, levied in Nakhichevan Autonomous

Municipal tax include:

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1)      land tax of

2)      property tax of

3)      industrial tax for
extracting construction materials of local form

4)      profit tax of
entities and organizations, referring to the property of municipalities




Classes of taxes

Direct taxes are primarily taxes on natural persons (e.g.,
individuals), and they are typically based on the taxpayer’s ability to pay as
measured by income, consumption, or net
wealth. Individual income taxes are commonly levied on total personal net
income of the taxpayer in excess of some stipulated minimum. They are also
commonly adjusted to take into account the circumstances influencing the
ability to pay, such as family status, number and age of children, and
financial burdens resulting from illness. The taxes are often levied at
graduated rates, meaning
that the rates rise as income rises. Personal exemptions for the taxpayer and
family can create a range of income that is subject to a tax rate of zero.

Income tax levy
imposed on individuals (or family units) and corporations. Individu?l
income t?x is
computed on the b?sis of income received.
Corporate income tax is
imposed on net profits, computed as the excess of receipts over allowable
costs. Many countries impose such taxes at the national level, and a similar
tax may be imposed at state or local levels. Company
income subject to tax is often determined much like taxable income for
individuals. Certain corporate acts, like reorganizations, may not be taxed.
Some types of entities may be exempt from tax.

Property t?x is ? tax ?ssessed on re?l est?te. The t?x is usu?lly b?sed on the value of the property (including the l?nd) you own ?nd is often ?ssessed by local or municip?l governments. This t?x is m?inly used by municip?lities for repa?ring ro?ds, building schools ?nd snow remov?l or other simil?r services.  R?tes of property t?xes ?nd the kinds of property considered t?x?ble by the loc?l government v?ry somewhat in different municip?lities ?nd st?tes.  ?s such, when purch?sing property in a new st?te, it is import?nt for individu?ls ?nd businesses to c?refully ex?mine the t?x l?ws of their new loc?lity. Gener?lly spe?king of the v?lue of property t?xes is determined by multiplying the property t?x r?te by the current
m?rket v?lue of the property in question, which is periodically
rec?lcul?ted by municip?lities.  

An indirect
tax (such as sales tax, per unit tax, value added tax is a tax collected
by an intermediary (such as a retail store) from the person who bears the
ultimate economic burden of the tax (such as the consumer). The intermediary
later files a tax return and forwards the tax proceeds to government with
the return. In this sense, the term indirect tax is contrasted with a direct tax, which is
collected directly by government from the persons (legal or natural) on whom it
is imposed.

An indirect
tax may increase the price of a good to raise the price of the products for the
consumers. Examples would be fuel, liquor, and cigarette taxes. An excise duty on
motor cars is paid in the first instance by the manufacturer of the cars:
ultimately, the manufacturer transfers the burden of this duty to the buyer of
the car in the form of a higher price. Thus, an indirect tax is one that can be
shifted or passed on. The degree to which the burden of a tax is shifted
determines whether a tax is primarily direct or primarily indirect. This is a
function of the relative elasticity of the supply and demand of the
goods or services being taxed. Under this definition, even income taxes may be

A value-added
tax (VAT) or goods and
services tax is a popular way of implementing a consumption tax in
Europe, Japan, and many other countries. It differs from the sales tax in
that taxes are applied to the difference between the seller-purchased price and
the resale price. This is accomplished by taking full tax on all sales, but
refunding the tax difference to the sellers.

The VAT is
an alternative to a sales tax and is meant to deal with a specific problem.
While with a sales tax, a business selling goods is responsible for making a
subjective decision about the intent of a buyer, the business may not be fully
competent to make the decision.

An excise or excise t?x (sometimes
c?lled a
special excise duty) is ?n inl?nd t?x on the
s?le, or
production for sa?e, of
specific goods or a t?x on a good
produced for s?le, or sold,
within ? country or
licenses for specific ?ctivities. ?n excise is
considered ?n indirect  tax, me?ning  th?t the
producer or seller who p?ys the t?x to the
government is expected to try to recover or shift the t?x by r?ising the
price p?id by the
buyer. Excises ?re typic?lly imposed
in ?ddition to ?nother
indirect t?x such ?s ? s?les t?x or v?lue ?dded t?x (V?T).