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the taxes are important because the government and preisdent uses that money for war or themsleves, sometimes for woman with kids in child support snd many other stupid ideas(selfish people)so you have to work more

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Q: Why is it that taxation is important?
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How VAT is related to canon of taxation?

How VAT is related to canon of taxation


What are the badges of trade?

Badges of trade are the circumstances in which a trade can take place. This is important in accounting because of the differences in taxation with non-trade transactions.


What is the primary purpose of taxation?

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


What is the address of the headquarters of the Australian Taxation Office?

The headquarters of the Australian Taxation office's street address is 28-36 Ainslie Avenue, Civic Square, ACT 2600, Australia. The Australian Taxation Office is the collection agency for taxation in Australia.


What is direct duplicate taxation?

Direct duplicate taxation is a type of taxation where the same tax is imposed on the same taxpayer twice, by the same taxing authority, for the same income or property. It is also known as obnoxious double taxation. Direct duplicate taxation is generally considered to be unfair, as it can result in taxpayers being taxed on their income or property twice. This can discourage investment and economic activity, as taxpayers may be reluctant to invest or engage in economic activity if they know that they will be taxed on their income or property twice. There are a number of ways to avoid direct duplicate taxation. One way is to have a tax treaty between the two taxing authorities. A tax treaty can provide for a credit against the tax liability in one country for taxes paid in the other country. This can help to prevent taxpayers from being taxed on their income or property twice. Another way to avoid direct duplicate taxation is to have a system of integrated taxation. Integrated taxation is a system where the tax liability of a corporation is integrated with the tax liability of its shareholders. This can help to prevent double taxation of corporate income, as the income of the corporation is taxed once when it is earned, and then again when it is distributed to shareholders as dividends. Direct duplicate taxation is a complex issue, and there is no easy solution. However, there are a number of ways to avoid direct duplicate taxation, and it is important for taxpayers to be aware of these ways in order to protect their rights.

Related questions

What phrase became important to the colonists during the taxation passed by the British government?

"No taxation without representation"


What is the most important incentive of a taxation strategy?

The most important incentive of a taxation strategy is to give the government enough money for public purposes. This includes money for education and public facilities.


Why was the idea of no taxation without representation important?

No "Taxation Without Representation" was important to the Americans back then because they really didn't have the money to pay the taxes anyway. Also, they already hated the British and didn't want to pay taxes that a house of representatives didn't approve of. So really that was why the idea of no taxation without representation was important.


Situs of taxation?

Situs - a term used in taxation that can be generally defined as the location of where the taxable event occured. Especially important in State taxation here many states may want to tax a transaction.


First and most important incentive that must be built into a taxation strategy?

The incentive to work NovaNet


What do you think is the purpose and importance of taxation?

Taxation is important for an economy for raising fund for meeting the public expenditure.For a country like India ,we are usually adopting deficit budget,we have to find additional fund every year. Again it is an important tool for ensuring social equality.


Right that colonist felt most important?

Perhaps one of the most strongly felt was no taxation without representation


Why is taxation important in the phlippines?

Like all governments, that is the principle way in which governments raise revenue with wihich to operate.


Why is gold so important to South Africa?

Taxation is important because it is the main source of revenue to finance government spending on services and infrastructure.


What are the different taxation levels?

This question requires more context. Which country? As different countries have different taxation systems and laws. Personal taxation or company taxation? Here again there are normally different levels of taxation.


The requirement of uniformity in the area of taxation?

uniformity in taxation


What are the roles of taxation in Uganda?

outline the reasons for taxation