Income tax and many of its states and Switzerland, impose the higher of regular income tax or an alternative tax. Switzerland and U.S. states generally impose such tax only on corporations and base it on capital or a similar measure. Income tax is generally collected in one of two ways: through withholding of tax at source and/or through payments directly by taxpayers. Nearly all jurisdictions require those paying employees or nonresidents to withhold income tax from such payments. The amount to be withheld is a fixed percentage where the tax itself is at a fixed rate. Alternatively, the amount to be withheld
Working income tax benefit 453 of the income tax return if their income exceeds $3,000 for the calendar year. However, the additional paperwork required to claim the credit is complex, involving a the 42-step process on Schedule 6 of Canada's main income-tax form. As of 2016, the WITB is worth up to $1,028 for a single individual and $1,868 for couples and single-parent families. Benefits increase and then decrease with income. At an income of $18,529 for single individuals or $28,576 for families the benefits decrease to $0. WITB is estimated to benefit 1.4 million working Canadians annually, at a cost to the federal