Task 1:
a) Explain the meaning of taxation and various types of taxes
and classification of taxation....
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Accounting
Task 1:
a) Explain the meaning of taxation and various types of taxesand classification of taxation. You must consider the UK rule whileexplaining this question.
b) “Taxation is very much required for the economicdevelopment of the country; to protect the environment and toreduce the gap between rich and poor”
Using above, Illustrate and Critically evaluate the purpose oftaxation.
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