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REVENUE (0. Fr. revenu, from revenir,...

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Originally appearing in Volume V23, Page 223 of the 1911 Encyclopedia Britannica.
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REVENUE (0. Fr. revenu, from revenir, to return)  , income, return, or profit; more particularly the receipts from all See also:sources of a See also:government or See also:state . The See also:revenue of a state is largely made up of See also:taxation, and the See also:general principles of taxes are discussed in TAXATION and See also:FINANCE . In some countries the public or state domain may contribute substantially to the revenue, as do the See also:crown forests in See also:Russia, while in other countries important contributions are made from the state See also:railways, See also:post and See also:telegraph services, &c . For the See also:historical development of the See also:English revenue see ENGLISH FINANCE, and for other countries see the sections on finance in the articles dealing with the various countries . In the See also:United See also:Kingdom the See also:term inland revenue is used to denote that See also:part of the revenue which is derived from See also:death duties, stamps and other taxes, such as income tax, See also:land tax, inhabited See also:house See also:duty, &c . The See also:Board of Inland Revenue is a See also:special See also:department of the English See also:civil service, with headquarters at See also:Somerset House . The Board consists of a chairman, See also:deputy chairman, and two commissioners, with See also:joint secretaries, assistant secretaries and a See also:staff of officials . The other important department engaged in the collection of the English revenue is the Board of Customs and See also:Excise . The excise department was formerly a See also:branch of the inland revenue, but was amalgamated with the customs department on the 1st of See also:April 1909 . The Board of Customs and Excise is constituted as is the Board of Inland Revenue . In the United States the greater proportion of the See also:national revenue ($547,086,992 out of $663,217,677 in 1909) is derived from customs and See also:internal revenue . The internal revenue consists for the most part of receipts from taxes on See also:spirits, tobaccos and fermented liquors .

In 1909 the amount derived from customs revenue was $300,977,438, and internal revenue, $246,109,554 .

End of Article: REVENUE (0. Fr. revenu, from revenir, to return)
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