Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

sponge tax

Read a random definition: polity approach

A quick definition of sponge tax:

A sponge tax is a type of tax that is charged by the government on different things like people, businesses, transactions, or property. It is a way for the government to collect money to pay for public services. Taxes can be paid in different ways, not just with money. For example, an admission tax is a tax that is included in the price of a ticket to an event. A sponge tax is just one type of tax that the government uses to collect money.

A more thorough explanation:

Definition: Sponge tax is a type of tax that is imposed by the government on persons, entities, transactions, or property to yield public revenue. It is a monetary charge that is payable to the government.

For example, pickup tax is a type of sponge tax that is imposed on the purchase of a pickup truck. The tax is calculated as a percentage of the purchase price of the truck and is payable to the government.

Another example of a sponge tax is an admission tax. This tax is imposed as part of the price of being admitted to a particular event, such as a concert or a sports game. The tax is payable to the government and is calculated as a percentage of the ticket price.

These examples illustrate how sponge taxes are imposed by the government to generate revenue. They are calculated as a percentage of the value of the transaction or property and are payable to the government.

spondet peritiam artis | sponsalia

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
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.
LSD+ is ad-free, with DMs, discounts, case briefs & more.