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#1 2015-02-06 10:21:41

attique
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Registered: 2015-02-02
Posts: 48

What is Taxation

Taxation:


A means by which governments finance their expenditure by imposing charges on citizens and corporate entities.
Governments use taxation to encourage or discourage certain economic decisions.Taxation refers to the act of a taxing authority actually levying tax. Taxation as a term applies to all types of taxes, from income to gift to estate taxes. It is usually referred to as an act; any revenue collected is usually called "taxes."

2015-02-06 10:21:41

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