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Lml4804 study notes Study guides, Study notes & Summaries

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LML4804 SUMMARISED NOTES

  • LML4804 SUMMARISED NOTES

  • Summary • 94 pages • 2020
  • Summarised notes for better understanding and exam preparation
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LML4804 TAX LAW SUMMARY NOTES

  • LML4804 TAX LAW SUMMARY NOTES

  • Exam (elaborations) • 94 pages • 2022
  • LML4804 TAX LAW SUMMARY NOTES. TAX LAW NOTES: STUDY UNIT 1 INTRODUCTION TO TAXATION State Expenditure and Financing: State expenditure is financed through: 1. Increasing the supply of money in the economy – minting own money; 2. Loans; 3. Generating own income. Generating states “Own Income” can be done by; 1. Sale or lease of property; 2. State enterprises and monopolies; 3. Taxes, duties, levies, and user charges. What is tax? Compulsory contribution, payable in money or in...
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