Types of Taxes

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Across
  1. 2. An exercise we conduct to obtain the value of your property, assets usually for purposes of calculating tax due.
  2. 5. An amount of money paid to persons to meet their expenses. It also refers to deductions made when computing income taxes to attain the taxable income
  3. 6. An insurance product offered to people. An individual is paid a fixed sum of money each year, typically for the rest of their life. It can be used as a retirement strategy to get steady streams of money.
  4. 7. Daily allowance, usually for travel, entertainment, employee compensation, or miscellaneous out of pocket expenses incurred while conducting a business transaction.
Down
  1. 1. A legal methodology used to lower the amount of tax liability.
  2. 3. …………… duty is a tax levied on legal instruments such as cheques, receipts, military commissions, marriage licenses, land transactions and shares.
  3. 4. This is the movement of goods imported from a foreign place through the territory of one or more of the Partner States, to a foreign destination.
  4. 6. An examination of a tax return by tax authorities at the taxpayer's place of business.