Definitions [2]
Definitions: Taxes
- According to Prof. Taussig: “The essence of a tax as distinguished from other charges by government is the absence of a direct quid pro quo between the tax payer and the public authority.”
- According to Prof. Seligman: “A tax is a compulsory contribution from the person to the government without reference to special benefits conferred.”
Define tax.
Tax is levied by the government for the development of the state’s economy. The revenue of the government depends on direct and indirect taxes.
