Best UK, USA, AUSTRAILIA, CANADDA, UAE Taxation Assignment Help online services
In our daily life we hear the word tax many a times. Service tax, value added tax, duty tax etc. are a few types we incur on a daily basis. Well, a tax is a compulsory payment put over any company or person, by a government for utilizing their benefits such as roads, electricity etc. for their own purpose. From business studies point of view, the concept of taxation should be clear in the mind of a student if he/she wants to approach entrepreneurship. In our Taxation Assignment Help we deal with all the negotiable terms related to taxation and provide our clients with a contemporary written document for their academic purpose.
Brief discussion over taxation terms
A tax is a considered to be paid compulsorily by every citizen of a country. The utilization of tax paid by the citizens is done in their benefit by providing facilities from the government. No quid pro quo whatsoever is involved in payment of taxes. An individual cannot demand from the government for any specific kind of service, as the government will only provide services keeping in account the masses. Tax is with caution distinguished from a fee. As our Taxation Assignment Help team suggests fee is paid to receive any particular service, for example we pay monthly fee to cable network to show us a defined set of channels. While tax differs from fee as its benefits are distributed over masses.
Classification of taxes
Taxes are widely classified or categorized in the following terms.
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