Industry WIKI

A church tax is a tax collected by the state from members of some Christian denominations to provide financial support of churches, such as the salaries of its clergy and to pay the operating cost of the church. It is related to the concept of tithes and offerings. Not all Christian countries have such a tax. In some countries that do, people who are not members of a religious community

Payback period in capital budgeting refers to the time required to recoup the funds expended in an investment, or to reach the break-even point.