Know the Difference in Donation, Tax and Retribution

Know the Difference in Donation, Tax and Retribution - Recognizing the difference in donation, tax and retribution is certainly very easy. Especially for those of you who are familiar with tax terms. Not to mention if you have a private vehicle, you must pay taxes for a certain period. So, it is certain that you are familiar with the term tax. However, are you also familiar with the terms retribution and donation?.

Know the Difference in Donation, Tax and Retribution

You need to know, besides taxes, there are other obligations of a citizen, namely retribution and donations. These three things are forms of levies that can be enforced and used for welfare purposes based on applicable regulations. Well, then what's the difference? Let's look at the reviews in this article.

Recognizing Donation

A term that you may also be familiar with is donations. Unlike the two previous terms, donations are not obligatory or non-compelling. The recipients of donations are also more diverse, it can also be the government, but it can also come from foundations, humanitarian organizations and the like.

A simple example, an educational institution plans to improve the quality of school education services by raising funds. Fundraising is conducted through donations, with no fees. That is, it is not coercive.

Recognizing Tax

Taxes are contributions that you must deposit to the state and are mandatory. If these contributions are not paid, then you will be penalized for non-compliance with tax payments. Who pays taxes? Mandatory contributions to this country must be paid by both individual and corporate taxpayers. Taxes deposited by taxpayers will later be used by the state for the needs of the community as a whole.

Recognizing Retribution

After getting to know the term tax, then let's also know the term retribution. Simple examples of user retribution are garbage fees or parking fees. Similar to taxes regulated in law, levies are regulated in law number 28 of 2009 concerning retribution.

Conclusion

Taxes are mandatory and there are legal penalties if you do not deposit and file taxes. In taxes, you will not feel the reciprocity directly because the impact of your compliance with taxes is seen from how development progresses in Indonesia.

In contrast to taxes and levies, donations are voluntary and not coercive. There are no penalties of any kind for not donating. However, difference in donation, tax and retribution, it will certainly have an impact both on you and on others who are much more in need.

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