Definicja tax return level

Co znaczy TAX RETURN LEVEL:

A value used for reporting purposes by external software vendors.

A tax return level indicates part of the total tax that is levied and reflects the distribution of the tax payment to the different districts. The sum of all tax return levels (that is the tax jurisdiction code) is the total tax rate.

Example

A sample jurisdiction code might contain 6 levels.

Level 1 State: 3% Level 2 County: 1.5% Level 3 City: 1.5% Level 4 Fire District: 1% Level 5 Transportation District: 0.5% Level 6 Law enforcement: 0.5%