There are three basic types of taxation that national governments throughout the world use:

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The three basic types of taxation used by national governments throughout the world are income tax, withholding tax, and value-added tax. Property tax, wealth tax, and death tax are not as widely used and are often specific to certain countries or regions. Import quotas, duties, and tariffs are trade policies rather than types of taxation. Tariffs and ad valorem taxes are forms of taxation, but they are not as fundamental as income tax, withholding tax, and value-added tax.

There Are Three Basic Types of Taxation That National Governments