English Deutsch Français Italiano Español Português 繁體中文 Bahasa Indonesia Tiếng Việt ภาษาไทย
All categories

2007-02-04 08:36:08 · 2 answers · asked by Smartass 4 in Business & Finance Taxes Other - Taxes

Those was say "The 16th Amendment..." are mistaking my question. For one, the 16th Amendment at best AUTHORIZES the legality of taxation, that's not the equivalent of the law itself that requires us to pay FIT. This is not counting the fact that Supreme Courts have consistently ruled the 16th Amendment as not invoking any new taxes.

2007-02-04 15:22:30 · update #1

Those who say "The 16th Amendment..." are mistaking my question. For one, the 16th Amendment at best AUTHORIZES the legality of taxation, that's not the equivalent of the law itself that requires us to pay FIT. This is not counting the fact that Supreme Courts have consistently ruled the 16th Amendment as not invoking any new taxes.

2007-02-04 15:23:32 · update #2

2 answers

The 16th Amendment sanctioned both the Federal income and corporate income taxes. This made it legal for the government to collect income taxes.

The finer points of the tax code were hammered out later by the politicians.

2007-02-04 14:20:46 · answer #1 · answered by TaxGurl 6 · 0 0

The Laws of the United States are referred to as the United States Code, and are grouped into 'Titles'. For example, Title 25 is on Indians, Title 17 are the laws regarding Copywrites.

Title 26 of the United States Code consists of all the laws regarding taxes collected by the United States, often referred to as the Internal Revenue Code.

From there, the Title is divided into Subtitles, Chapters, and Subchapters, until you reach sections, which are the actual text of the law. For example, Subtitle A covers Income Taxes. Subtitle B covers Gift and Excise Taxes.

Section 1(a) is the law that imposes an income tax on individuals and the rate at which they are taxed.

Section 11(a) imposes an income tax on corporations and the rate at which they are taxed.

Section 6011(a) contains the law requiring returns to be filed.

2007-02-04 17:57:59 · answer #2 · answered by tax_black_belt 2 · 0 0

fedest.com, questions and answers