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The aspect of taxation refers to the various dimensions and characteristics of tax systems, including types of taxes (such as income, sales, and property taxes), tax rates, compliance requirements, and the impact of taxes on individuals and businesses. It encompasses the principles of equity, efficiency, and simplicity in tax policy, as well as how taxes are administered and enforced by governments. Understanding these aspects helps in evaluating the effectiveness and fairness of a tax system.

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2d ago

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