Taxation is a means by which government finances their expenditure by imposing charges on citizens and corporate entities. Governments use tax to involve or devolve citizens into specific economic decisions. It is a system that is inculcated by every developed nation of the modern world with the intention of proposing sustainable development.
Various taxes that learners require to study?
Students need to study various types of taxes that a government imposes on an individual. Being a learner you need to have a great knowledge on all its types if you are pursuing your course of study in this discipline. A list of different types of taxes is given below:
- Income tax- The tax which is imposed on the income of people is known as income tax.
- Corporation tax– The tax which is imposed on the profit accumulated by the firm is known as corporation tax.
- Consumption tax– The tax which is charged on the goods and services is known as consumption tax. Sales tax and value added tax are regarded as consumption tax.
- Property Tax- The tax which the property owner straightaway pays to the government is known as property tax.
- Excise duty– The taxes which is imposed on the consumption of the goods such as gasoline, alcohol, tobacco, etc. are known as excise duty.
For a standard quality and reliable assignment on taxation, learners must possess a great understanding and practical knowledge on all the concepts of this subject.
Few of taxation assignment topic-
While writing your assignment in this discipline you need to choose the best topic. If you are facing trouble in selecting one then worry no more, come to our writers, they will help you in choosing a suitable topic-
- Wealth tax
- Corporate tax
- Taxation on interest and dividend
- Tax Revenue Utilization
- Value added tax
- Indirect taxes
- Income tax evasion
- Federal government tax policies
- Taxation on small scale business
- General Law and much more
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