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2019 PropertyTaxAssistance ProgramforLowIncomeSeniors orDisabledPersons TaxationandRevenueDepartment CityofKawarthaLakes P.O. Box696,26FrancisStreet Lindsay,OntarioK9V4W9 Tel:(705)3249411Ext.1329,18888222225 Fax:(705)3282620 Email:taxes@kawarthalakes.ca www.kawarthalakes.caApplicationDeadline:June30,2019 TaxReliefgrantedunderthisprogramshallbeanoutrightcancellationoftheannualeligibleamount, provided
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Gather all relevant tax information for each individual or entity being compared.
02
Identify the specific taxes that will be compared (income tax, sales tax, property tax, etc.).
03
Calculate the total amount paid for each tax for the specified period of time (yearly, quarterly, etc.).
04
Create a table or spreadsheet to organize the data for easy comparison.
05
Analyze the data and identify any patterns or discrepancies between the different tax amounts.
06
Draw conclusions and make recommendations based on the comparison results.

Who needs comparison of relative taxes?

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Tax professionals or financial advisors assisting clients with tax planning strategies.
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Policy makers and researchers studying the impact of tax policies on different groups of taxpayers.
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Anyone interested in gaining a better understanding of the tax system and how it affects different socioeconomic groups.
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Comparison of relative taxes is a process of comparing the taxes paid by different individuals or entities to determine the relative tax burden.
Individuals or entities who have paid taxes and want to compare their tax burden with others are required to file comparison of relative taxes.
To fill out comparison of relative taxes, one needs to gather information on the taxes paid, income sources, deductions, and any other relevant financial information, and then compare these figures with others.
The purpose of comparison of relative taxes is to provide insights into how different individuals or entities are taxed relative to each other, and to identify any disparities or inequities in the tax system.
Information such as taxes paid, income sources, deductions, credits, and any other financial details relevant to the tax burden should be reported on comparison of relative taxes.
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