The nature of taxation
Answers were Sorted based on User's Feedback
Answer / karen
the nature of taxation are:
1.inherent power of sovereignty
2. legislative in nature
3. territorial operation
4. public purpose
5. exemption of government
6. strongest among the inherent power of the state
7. subject of constitutional and inherent
Is This Answer Correct ? | 22 Yes | 2 No |
Answer / jovy
1. inherent power of sovereignty
2. legislative in nature
3. territorial operation
4. public purpose
5. exemption of government
6. strongest among the inherent power of the state
7. subject of constitutional and inherent
Is This Answer Correct ? | 26 Yes | 10 No |
Answer / dhokchaule kishor
Their are two nature of taxation i.e Direct Taxes & Indirect
Taxes.
Direct Taxes- Income Tax
Indirect Taxes- 1) Service Tax 2)Vat (Sales Tax) 3)Central
Excise
Is This Answer Correct ? | 9 Yes | 8 No |
Answer / pearl marsada
There are 6 nature of taxation
1. for public purposes
2. it is inherently legislative
3. it is a territorial in application
4. it is subject to limitations under International comity
5. taxation distinguished from Police Power and Eminent Domain
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / pema wangmo
1) compulsory contribution
2) personal obligation
3) general benefits
4) no quid pro que
Is This Answer Correct ? | 0 Yes | 2 No |
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