PURPOSE OF TAXATION

 EXPLAIN THE NATURE OF TAXATION

 

Tax is a compulsory payment to the government.

PURPOSE OF TAX..

-Is a means of generation of revenue to fund expenditure?
- Fiscal policies used as an instrument to control the economy and influence business and Consumer behavior.

-Income and wealth redistribution,


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Disclaimer: Obi Azubuike is not by this publication acting as a professional advisers and therefore not liable to any  damage whatsoever for your acting or refraining to act based on  this publication. Consult your professional for advice. 

copyright(c) 2016-Obi Azubuike

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