Bibliographic Information On Taxation In Nigeria (2008-2014)

 

Preface

 

This complication dealt with taxation as a subject, its principles objects, classes, purpose and effect in any given frugality rainfall.

 

Taxation is a mandatory butnon-punitive tax on parcels, income of individual and co-operation bodies. The plutocrat raised there constitutes part of source of finance for general government expenditure in the frugality. It involves transfer of coffers or income from private sector to the public sector in order to negotiate or achieve some of the major profitable social and profitable liabilities under taken by the government.

 

Taxation according to the encyclopedia is the process by which the people pay for the charges of the government.

 

System of taxation levies are classified as progressive commensurable or accumulative according to the chance of income they take as income raises or fails.

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