tax system

• Gesamtheit der Gesetze, Vorschriften und Verwaltungsverfahren, mit denen der Staat Steuern von natürlichen und juristischen Personen erhebt, um öffentliche Leistungen und Infrastruktur zu finanzieren.

The set of laws, regulations, and administrative procedures by which a government collects taxes from individuals and businesses to fund public services and infrastructure.

1. Government revenue collectionB2formal

   A structured set of laws and procedures by which a government collects money from individuals and businesses to fund public services.

   Steuersystem

   • The country's tax system requires annual income declarations.
   • Reforming the tax system can help reduce economic inequality.
   • Understanding the tax system is essential for small business owners.

2. Taxation frameworkB2formal

   The overall framework of taxes, including income tax, sales tax, and corporate tax, that applies within a jurisdiction.

   Steuersystem

   • The new tax system introduced a flat rate for all earners.
   • International companies must comply with the local tax system.
   • The tax system includes deductions for charitable donations.