Definition of a tax

Meaning and definition of a tax:

A tax is one of the significant sources of public revenue. A tax is an obligatory charge or payment levied by the government on an individual or business. Thus an element of compulsion is included in taxation. The other sources of public revenue are barred from this compulsory element. There is no direct give and take relationship among a taxpayer and the government.

Definition of a tax:

According to Professor Seligman, “A tax is an obligatory contribution from the person to the State to defray the expenses incurred in the common interest of all without any reference to the special advantages conferred”.

In terms of Dalton, “A tax is an obligatory contribution imposed by the public authority, irrespective of the exact quantity of service rendered to the taxpayer, in return for whom no particular and direct quid pro quo is provided to the payer”.

From such definitions, it is apparent that tax is a compulsory contribution. This means that the State has the right to tax. Denial to pay the tax is punishable. The phrase ‘without quid pro quo’ refers the absence of direct and proportional advantage to the taxpayer from the government.

Latest technology based Economics Online Tutoring Assistance

Tutors, at the www.tutorsglobe.com, take pledge to provide full satisfaction and assurance in Fiscal policy help via online tutoring. Students are getting 100% satisfaction by online tutors across the globe. Here you can get homework help for Fiscal policy, project ideas and tutorials. We provide email based Fiscal policy help. You can join us to ask queries 24x7 with live, experienced and qualified online tutors specialized in Fiscal policy. Through Online Tutoring, you would be able to complete your homework or assignments at your home. Tutors at the TutorsGlobe are committed to provide the best quality online tutoring assistance for Economics Homework help and assignment help services. They use their experience, as they have solved thousands of Economics assignments, which may help you to solve your complex issues of Fiscal policy. TutorsGlobe assure for the best quality compliance to your homework. Compromise with quality is not in our dictionary. If we feel that we are not able to provide the homework help as per the deadline or given instruction by the student, we refund the money of the student without any delay.