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The document discusses taxation, which is defined as enforced contributions imposed by a government on persons, properties, businesses, and transactions within its jurisdiction. Taxation provides funds for public purposes and is considered the lifeblood of government. There are several principles of taxation including ability-to-pay, uniformity and equity, and convenience. The power of taxation is inherent and plenary, allowing governments to tax various objects including incomes, businesses, interests, and

Author

beverlyrtan

Language

EN