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Purpose of taxation

Updated: 9/13/2023
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14y ago

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To raise money to pay for the runing costs of a country or locality.

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14y ago
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What is the primary purpose of taxation?

The purpose of taxation in general is for the government to raise money.


What is a cadaster?

A cadastre is a public survey of land for the purpose of taxation or a register of such surveys.


Why was the Doomesday book not popular?

It established an inventory used for the purpose of taxation.


What is the first and main purpose of taxation?

revenue for government programs and operations


What is the purpose of the income tax brackets?

Income tax brackets enable the progressive taxation of income.


What's the purpose of income tax brackets?

To enable the progressive taxation of income


What is the purpose of income tax brackets Apex?

To enable the progressive taxation of income.


What was the main purpose of the British taxation after the french and Indian war?

to pay for the debt from the war


Limitations on the power of taxation?

The 1987 Philippine Constitution sets limitations on the exercise of the power to tax. The rule of taxation shall be uniform and equitable. The Congress shall evolve a progressive system of taxation. All money collected on any tax levied for a special purpose shall be treated as a special fund and paid out for such purpose only. If the purpose for which a special fund was created has been fulfilled or abandoned, the balance, if any, shall be transferred to the general funds of the Government. The 1987 Philippine Constitution sets limitations on the exercise of the power to tax. The rule of taxation shall be uniform and equitable. The Congress shall evolve a progressive system of taxation. All money collected on any tax levied for a special purpose shall be treated as a special fund and paid out for such purpose only. If the purpose for which a special fund was created has been fulfilled or abandoned, the balance, if any, shall be transferred to the general funds of the Government. The 1987 Philippine Constitution sets limitations on the exercise of the power to tax. The rule of taxation shall be uniform and equitable. The Congress shall evolve a progressive system of taxation. All money collected on any tax levied for a special purpose shall be treated as a special fund and paid out for such purpose only. If the purpose for which a special fund was created has been fulfilled or abandoned, the balance, if any, shall be transferred to the general funds of the Government.


What agreement determined the guidelines by which enslaved persons would be counted for purpose of taxation and representation?

Three fifts compromise


What is the purpose of income tax in the Philippines?

The main purpose of our government in imposing taxes is to raise fund enable for them to work, because taxation is the strongest power of the government and therefore, it is highly needed by them.


What is an explanation of the purpose of taxation?

The primary purpose of taxation is to raise money for the government. Some taxes also discourage certain behaviors such as smoking and drinking ( the so-called sin taxes ) and redistribute wealth, taxes such as the graduated income tax and inheritance tax. Protective tariffs protect domestic industries from foreign competition.