datapitstop » Grant County Government, Indiana » Auditor »Terms/DictionaryDirectory
Roger A. Bainbridge
401 S. Adams St., Suite 222
Marion, IN 46953
(765) 668-6552
Office hours: 8:00 a.m. - 4:00 p.m. Monday-Friday
Email: grantcountyauditor@gmail.com
Website: auditor.grantcounty27.us
Terms/Dictionary
FIT: ”Federal Income Tax”
A Federal income tax is a tax levied on the financial income of people, corporations, or other legal entities. Various income tax systems exist, with varying degrees of tax incidence. Income taxation can be progressive, proportional, or regressive. When the tax is levied on the income of companies, it is often called a corporate tax, corporate income tax, or profit tax.


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