Accountancy, asked by Anubhav8708, 1 year ago

Definition of taxation according to different authors

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Answered by GRANDMESSI
3
Here is your answer-
1.The process of levying of tax is called taxation.
2.A mean by which governments finance their expenditure by imposing charges on citizens and corporate entities is called taxation.
3.Tax is a compulsary payment made by individuals and firms to the government is called taxation.
4.Defined indirect tax on taxes levied on expenditure on goods and services is called taxation.
5.The act or principle levying taxes or the condition of taxed is called taxation.

HOPE FIVE ARE SUFFECIENT.
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