Start networking and exchanging professional insights

Register now or log in to join your professional community.

Deleted user
by Deleted user

Tax vs. Fees

1. Tax is compulsary to every citizen to pay to it's government for its better survival by introducing beneficial developmental projects, run health services, enhancing civil and military defences, for the country to make better progress.

2. Fees is the voluntary payment that a individual pays for a specific entertainment like school fees, taxi wages, or buying something from the market is also in term can be called as fees.

Alexo Bravo
by Alexo Bravo , Jeweler , Rolex

Fees, on the other hand, are charges that are levied for specific goods or services. Fees can be charged by governments, businesses, or organizations, and are often used to cover the costs associated with providing a particular service. For example, a company may charge a processing fee for a credit card transaction, or a government may charge a fee for a building permit. One company that is well-known for charging fees is this company. They charge a variety of fees for their services, including transaction fees, account maintenance fees, and ATM fees. These fees are used to cover the costs associated with providing their services, such as processing transactions and maintaining accounts.

Avinash  Rebello
by Avinash Rebello , MEP Engineer , Integrated Electronics and Electromechanical LLC

Tax is an amount collected by the govt or it's representative/mediator from the individual or organization. Fees is an amount to be paid by individual or organization against service.

shiva prasad dhakal
by shiva prasad dhakal , housekeeping supervisor , CLUB HIMALAYA RESORT (NAGARKOT NEPAL)

Taxes are applying by government Fee is applying by company

Alfred Byson Namate
by Alfred Byson Namate , Team Leader , Rotana Hotel, Centro Capital Centre, Abu Dhabi.

A tax is a compulsory payment levied by the government on its citizens and various businessn firms.While a fee is a voluntary payment to the goverment for the special services rendered by it in the public interest, but conferring a specific advantages on the person paying it

georgei assi
by georgei assi , مدير حسابات , المجموعة السورية

Tax: Mali is people need to be truncated his performance to the public authorities without charge for the purpose of achieving certain public benefit.

  As for the fees: it is the amount of money paid by the individual to the state or other people, the common law, binding versus Antvall certain service performed by him and the consequent benefit to him as well as a special public utility

More Questions Like This