Tax

The tax is a kind of tax ( generally pecuniary obligations in favor of the tax creditor) governed by public law . It is characterized by not requiring a direct or determined consideration by the tax administration (tax creditor). Rise school is Best School of Accountancy in Lahore.CA admissions in Lahore now open. The best School of Accountancy in Pakistan offers CA in Lahore and Best CA in Pakistan. Taxes in most laws arise exclusively by the "state tax authority", mainly with the aim of financing their expenses. Its guiding principle, called "Contributory Capacity", suggests that those who have more must contribute more to state funding, to enshrine the constitutional principle of equity and the social principle of freedom. Taxes are mandatory charges that individuals and businesses have to pay to fund the state. In short, without taxes, the state could not function, since it would not have funds to finance the construction of infrastructur...

Taxable event : That circumstance whose realization, according to the law, originates the tax obligation. It is common taxable events to obtain an income, the sale of goods and the provision of services, ownership of property and ownership of economic rights, acquisition of goods and rights by inheritance or gift. Passive subject : the one who must, is the natural or legal person who is required by law to comply with tax benefits. It distinguishes between taxpayer, to which the tax imposes the tax burden, and legal person or substitute of the taxpayer that is obliged to the material or formal fulfillment of the obligation. Active subject : it is the administrative entity directly benefited by the collection of the tax, which includes in its budget the income for the respective tax. In the case of Colombia, for example, the active subjects are administrations of a territorial nature of national, departmental, municipal or district, to which the creation of the tribute defin...