Accountancy, asked by suryamps6145, 1 year ago

Define taxation according to five author's

Answers

Answered by aditisuyog
0

the tax is a compulsory payment to the  Government by taxpayer without any expectation of some specified return.”

Experts as under have defined the term ‘taxes’:

1. Adams: “A tax is a contribution from citizens for the support of the state.”^

2. P. E. Taylor: ‘A compulsory payment to Government without expectation of

direct return in benefit to the taxpayer is known as tax’.

3. Prof. Bastable: ‘A tax is compulsory contribution of the wealth of a person or

body of persons for the services of public powers.®

4. According to Seligman: “A tax is compulsory contribution from the person to

the Government to defray the expenses incurred in the common interest of all,

without reference to special benefits conferred” ®

5. Plehn.” Taxes are in general, compulsory of wealth levied upon persons,

nature or corporate, to defray the expenses incurred in conferring common

benefit upon the resident of the State.

6. Dalton. “A tax is a compulsory contribution imposed by a public authority

irrespective of the exact amount of service rendered to the taxpayer in return”®

7. The dictionary of Modern Economic: "Taxation means “Compulsory levies

on private individuals and organs tons made by government to raise revenue to

finance expenses on public goods and services and to control the volume private

expenditure in the economy.

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