A critical appraisal of the components of taxation in Nigeria and proposals for law reforms

Essay specific features

 

Issue:

Business

 

Written by:

Bertha C

 

Date added:

November 8, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

11 / 3001

 

Was viewed:

8933 times

 

Rating of current essay:

 
Essay content:

While this serves in crude terms to tell us what a tax is, it is however deficient in the sense that it does not reveal the purpose of taxation. We however find more scholarly definitions in decided cases. For instance, in MATTHEWS v. CHICORY MARKETING BOARD it was held that a tax is: "A compulsory exertion of money by a public authority for public purposes, or taxation is raising money for the purpose of government by means of contribution of individual persons...
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We however find more scholarly definitions in decided cases. For instance, in MATTHEWS v. CHICORY MARKETING BOARD it was held that a tax is: "A compulsory exertion of money by a public authority for public purposes, or taxation is raising money for the purpose of government by means of contribution of individual persons...
displayed 300 characters

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