There are a number of taxes enforced by the federal governments to keep the society in order and provide public goods and services to the citizens. On the other side, taxes impose cost on citizens both directly and indirectly. You can have all essential knowledge regarding different type of taxes through taxation law assignment help. Here our taxation law assignment help experts describe the most common tax breakdowns that we are all aware of. l. Capital Gains Tax This tax is charged on the capital gains. Capital gains are meant by the realized profit on the sale of an asset. ll. Corporation Tax It refers to the tax levied by various jurisdictions on the profits acquired by the companies and organizations. lll. Excises These types of taxes are paid on purchases of specific goods such as gasoline. lV. Income Tax Tax is levied on the financial incomes of the persons, organizations and legal entities. V. Inheritance Tax This tax is imposed on the death of an in