Examlex
Discuss the creation of a database. Explain its working.
Taxation
The process by which governments impose charges on citizens and corporate entities, generating revenue used to fund public services and infrastructure.
Tax Rate
The percentage at which an individual or corporation is taxed by the government.
Sales Tax
A consumption tax imposed by the government on the sale of goods and services.
Valuation Rate
The estimated or assessed value of an asset or liability for accounting and tax purposes.
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