Taxation - Name Arise Fear In the Mind of Students, but Make this Fear a Dear!
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Taxation:
Tax is derived from the Latin word taxo which means "I estimate". To tax is to impose financial charge or other levy upon an individual or legal entity called as tax payer by a state or the functional correspondence of a state such that failure to pay is punishable under law. Taxes are also obligatory by various administrative divisions.
Taxes are of two types:
Direct tax or Indirect tax
Taxes are paid in money or as its labour equivalent.
Definition:
A tax may be defined as a "financial burden laid upon individuals or property owners to support the government. This is the payment exacted by legislative authority."A tax" is not an intentional payment or donation, but a compulsory contribution, exacted pursuant to legislative authorities" and is "any contribution forced by government like under the name of gabel, toll, tribute, import, tallage, duty, custom, subsidy, excise, aid, supply, or other name."
Taxation is one of the main revenues for any country so this is considered as a very important field. To decide on taxes one makes use of mathematical principles and banking laws and regulations.
An individual working for taxation and related must be well-qualified in the same and be well known with all the taxation laws. Tax main areas of work are in financial institutions, banking, income tax department etc.
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Taxation Homework Help by Live Accounting Tutors:
Taxation - Very difficult to understand and doing assignments based on this is quite a tough job. If you too find it relevant, then you are at the correct place for help. TutorsGlobe is a very trusted and reliable friend for all the students. We offer taxation assignment help to provide students with the best and the most presentable assignments. Our expert tutors in Taxation can lend a hand with your all sorts of academic needs and also provides face to face interaction with online tutoring sessions. If you are looking for Taxation Homework Help and not sure how to solve a problem or understanding a concept related to it, then you can just contact our live tutors for instant assistance.
Various kinds of taxes over which our tutors specialize in:
Here is a brief list of the topics that we cover for you beneath our Taxation Assignment Help:
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