Income Taxation

It is the process or means by which the sovereign, through its law making body, raises income to defray the necessary expenses of the government.

(a)  

An individual or business entity that is obligated to pay taxes to a federal, state, or local government.

It is the state, place, or political unit which has jurisdiction to impose a particular tax.

The primary implementing agency of the National Internal Revenue Code of 1997.

(a)  

A sovereign act of taxing twice for the same purpose in the same year upon the same property or activity.

(a)  

This occurs when all the elements of double taxation exist on both impositions.

(a)  

These are enforced proportional contributions from persons and property levied by the law making body of the state to support the government and all public needs.

(a)  

It occurs when the taxpayer resorts to unlawful means to lessen or to get away with his tax liability.

(a)  

The power of the State to take private property for public use upon payment of just compensation.

(a)  

A sum of money for the use of something, generally applied to the consideration which is paid for the use of a road, bridge or the like of a public nature.

(a)