Taxation Classes , imposition of compulsory levies on individuals or entities by governments.
Taxes are levied in almost every country of the world, primarily to raise revenue for government expenditures, although they serve other purposes as well.
This article is concerned with advanced taxation in general, its principles, its objectives, and its effects; specifically.
The article discusses the nature and purposes of CA Inter Taxation Classes, and whether taxes should be classified as direct or indirect.
The history of advanced taxation, canons, criteria of taxation, and the economic effects of taxation, including.
Shifting and incidence (identifying who bears the ultimate burden of taxes).
when that burden is passed from the person or entity deemed legally responsible for it to another).
For further discussion of taxation’s role in fiscal policy, see government economic policy.
In addition, see international trade for information on tariffs.
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