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what is public revenue? Explain tax revenue

Answer»

Public revenuegenerally refers togovernment revenue. Some important sources or concepts that are included inpublic revenueconsist oftaxes, fees, sale ofpublicgoods and services, fines, donations, etc.

The main sources ofpublic revenueare:Taxand Non-tax revenue.

Tax revenueisdefinedas therevenuescollected fromtaxesonincomeand profits, social security contributions,taxeslevied on goods and services, payrolltaxes,taxeson the ownership and transfer of property, and othertaxes.



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