Question

Businesses contribute to the government s revenue by paying what kind of tax? corporate payroll income sales

Answer 1

Businesses contribute to the government’s revenue by paying what kind of tax? (Answer is CORPORATE ) Because The corporation must file a corporate tax return, IRS Form 1120, and pay taxes at a corporate income tax rate on any profits. If a corporation will owe taxes, it must estimate the amount of tax due for the year and make quarterly payments to the IRS by the 15th day of the 4th, 6th, 9th, and 12th months of the tax year.

Answer 2

Business contribute to the governments revenue by paying both corporate taxes. Corporate taxes means company tax or business tax. Every business being put up in a certain country are obliged to pay for a tax based on the income that the company is making.