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LSDefine

Simple English definitions for legal terms

service-occupation tax

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A quick definition of service-occupation tax:

A service-occupation tax is a type of tax that the government charges to people, businesses, or property to collect money for public needs. It can be paid in different ways, not just with money. Taxes are like contributions that people and businesses have to make to support the government. Sometimes, taxes are penalties for not paying them on time or for trying to avoid paying them. An admission tax is an example of a tax that is included in the price of an event ticket.

A more thorough explanation:

A service-occupation tax is a type of tax imposed by the government on certain services or occupations to generate public revenue. Taxes can be imposed on individuals, entities, transactions, or property.

  • Accrued tax: A tax that has been incurred but not yet paid or payable.
  • Accumulated-earnings tax: A penalty tax imposed on a corporation that has retained its earnings in an effort to avoid the income-tax liability arising once the earnings are distributed to shareholders as dividends.
  • Admission tax: A tax imposed as part of the price of being admitted to a particular event.

These examples illustrate how taxes can be imposed on different things, such as income, property, or specific events. The service-occupation tax specifically targets certain services or occupations, such as a tax on legal services or a tax on businesses in a certain industry.

servicemark application | serviens narrator

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General

General chat about the legal profession.
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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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