Terms of Taxes
Taxes is become our obligation that should we paid to the government in all of countries in the world. Tax rates is describes the burden ratio (usually expressed as a percentage) at which a business or person is taxed. We can use several methods on it. Some of them are statutory, average, marginal, effective, effective average, and effective marginal. Statutory is the legally imposed rate which is in an income tax whether individual or business (corporations or other legal entities) tax and it enable multiple statutory rates for different income levels.
