revenue act
Income taxation law
A revenue act is legislation enacted to raise money for the government, typically through taxes, tariffs, or duties.
The term appears most often in U.S. history, where specific Revenue Acts established income taxes, import duties, and other fiscal measures: The Revenue Act of 1913 reintroduced the federal income tax.
- tax authorityGovernment body collecting levies
- tax legislationLaws governing fiscal obligations
- taxationCompulsory government revenue collection
- tariffTax on traded goods
- excise taxTax on manufactured goods
fiscal policy · federal budget · corporate tax · tax audit · tax compliance · tax liability · estate tax · death and taxes · colonial taxation · Boston Tea Party · founding fathers · income tax · treasury department · omnibus bill · tax reform · tax break · statute · public expenditure
revenue acttax cut
Legislated decrease in levy
tax exemption · tax holiday · tariff reduction · tax amnesty
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