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| *Ostroff, Fair and Company>>>Australia Taxes |
What taxes dose the federal government collect? |
What taxes dose the federal government collect? - Personal income tax/Medicare levy - Company income tax, usually 30% - Superannuation taxed as it enters (I think they got rid of it on exit, but not certain) - GST at 10% on almost all except unprocessed food, medical, education, housing - Customs tariff for many imports There's probably a few more minor ones. you name it, they collect it. There is Federal Tax, with the amount depending on how many exemptions you are claiming on your W-4 form at your job, and FICA- composed of Social Security 6.20% and Medicare 1.45% 2,000 is a guess |
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