internal revenue
Government income collection
Internal revenue is income a government collects from sources within its own borders—primarily taxes on income, sales, and property.
The term distinguishes domestic taxation from customs duties on imports.
In the United States, the Internal Revenue Service (IRS) administers federal tax collection: The Internal Revenue Code governs how much you owe.
- income taxGovernment charge on earnings
- taxesMandatory government payments
- tax returnIncome declaration to government
- feesCosts for services
- tax codeLaws governing taxation
federal withholding · corporate tax · tax liability · back taxes · audit notice · sales tax · fiscal policy · capital gains tax · inheritance tax · tax refund · refund check · tax bracket · Form 1040 · penalties · withholding · fines · IRS · statutory requirements
- fiscal policybudget deficit, deficit spending, national budget, budget surplus, budget deficits
- public financepublic debt, budget deficit, budgets, expenditure, public spending
- treasuryUS Treasury, Treasury Department, treasury bonds, Exchequer, state treasury
internal revenuecustoms
Traditional practices or import taxes
tariffs · import duties · customs duties · border taxes · export duties
internal, revenue, intern, internals, internally, internalize, internalized, internalizing, internalization