Tax Lawyers in Canterbury
The government of Canterbury, Connecticut collects taxes from its residents in order to pay for basic public services, like police and fire departments, libraries, hospitals, and public transit.
Taxes in Canterbury, Connecticut are derived from a wide variety of sources. Regardless of the source, however, the amount that's taken is never arbitrary, and is always determined by law. A tax can come either in the form of a flat fee, or as a percentage of one's income, the value of a piece of property, or a sale.
In case you were wondering, paying your taxes in Canterbury is mandatory. The law requires it. So, if you don't pay your taxes, with very few exceptions, you are guilty of a crime, and will be punished accordingly.
Sources of Tax Dollars in Canterbury, Connecticut
Many different things can be taxed in Canterbury, Connecticut. This is meant to ensure that there is a wide range of sources of tax revenue, and that the government does not have to rely too heavily on any one revenue stream that could dry up. For example, local governments collect revenue from sales taxes, licensing fees, as bridge tolls, among many other things.
Sales Tax: The sales tax imposed by Canterbury is on top of the sales tax collected by the government of . Sales taxes are typically fairly small - about 5-7% at the state level, plus a city sales tax that's typically one percent or less.
Licensing Fees: The city of Canterbury may require business owners to acquire a license from the local government before they begin operating within city limits. Typically, the main hurdle involved in obtaining one of these licenses is paying a fee to the city government. Although these payments are called "fees" as opposed to "taxes," they operate in the same way, and serve largely the same purpose, as taxes.
Bridge/Road Tolls: Most large cities in the U.S. charge fees, or tolls, on automobiles entering the city via public bridges and highways. This money is, more or less, a tax on everyone who drives into Canterbury via public infrastructure. This means that everyone who visits is required to make at least a small contribution to the government services they'll be using while there.
How Can a Canterbury, Connecticut Tax Attorney Help?
In Canterbury, Connecticut, many different laws and regulations govern taxes, making the theoretically simple task of determining one's tax liability pretty difficult. On top of that, there are many different breaks and exemptions that apply to specific types of groups and individuals, further complicating things.
Therefore, it's imperative that you obtain the counsel of a qualified tax lawyer in Canterbury, Connecticut if you think that you might need help with your local taxes.