Tax law or revenue law is an area of legal study which deals with the constitutional, commonlaw, statutory, tax treaty, and regulatory rules that constitute the law applicable to taxation. View american english definition of taxation change your default dictionary to american english. Any income or profit not taxable under a domestic tax law of a country cannot be taxed in that country under international tax agreement between that country and another country. You dealt with law 445, law of evidence i in the last session. Taxation law gw law the george washington university.
Noun law past questions for first and second semester available for download. National open university noun ecourseware school of law. Ministry of law finally the income tax act, 1961 was passed. National open university of nigeria noun faculty of law. In accordance with the national universities commission nuc requirements, the codes andor titles of some courses in various faculties of the national open university of nigeria, noun have been changed. The ecourseware is part of noun contributions towards open educational. It includes all contributions imposed by the government upon individuals for the service of the state. Law of taxation ii national open university of nigeria.
The hallmark of the llc is limited liability for its investors combined with partnership onelevel taxation. Taxation refers to compulsory or coercive money collection by a levying authority, usually a government. Tax court and other federal courts constitute the remainder of tax law in the united states. Law and provision general department of taxation cambodia.
Welcome to the national open university of nigerias ecourseware. You can take courses in estate planning, tax accounting and taxation of. Definition of a company a company is a corporation an artificial person created by law. International taxation is the study or determination of tax on income profit of an individual or enterprise, subject to the tax laws of different countries. A resident is a person who has sufficiently close connections to a country whereby he will be liable to tax there on his worldwide income. Taxation definition in the cambridge english dictionary. Taxation law synonyms, taxation law pronunciation, taxation law translation, english dictionary definition of taxation law. A proportional tax is a tax whose burden is the same rate regardless of the income earned by the household. This is the british english definition of taxation. This is the official national open university noun ecourseware school of law nou.
Incometax law in india the income tax law in india consists of the following components. There are also other forms of taxes, like consumer sales taxes, use taxes and real estate taxes. Change your default dictionary to american english. Introduction to taxation government plays an important role in most modern economies. Pdf bat 514 taxation i complete lecture notes kabir hamid. The ecourseware is part of noun contributions towards open educational resource oer initiative and as such should. Books in this series will expose the theoretical underpinning behind the law to shed light on the taxation systems, so that the questions to be asked when addressing an issue become clear.
National open university noun ecourseware school of law nou. The book simplifies the basics of nigerian taxation, discusses different laws, practice. All tax laws should conform to the maxims of taxation equity 1. The nigerian tax law recognizes two forms of capital taxation i. Dec 18, 2019 noun law past questions for first and second semester available for download. Sadiq and others published principles of taxation law find, read and cite all the research you need on researchgate.
Ndu post utme past questions for law pdf download with answer. These academic books, written by leading scholars, will be a. Llb bachelor of legislative law course is the most common undergraduate course of legal law education offered by many law colleges and universities in. Taxation is a means whereby the state collects funds to pay for public services. The tax to be paid by each individual ought to be certain, not arbitrary. Important information to all national open university of nigeria, noun year 2020 graduands. This chapter addresses the design and drafting of the income tax law for individuals. Commercial, financial purposes other than educational. Noun law faculty past questions pdf download pul, css. Taxation is a term for when a taxing authority, usually a government, levies or imposes a tax. The definition, measurement, and evaluation of tax.
Law of evidence ii this is the second part of the law of evidence. The theory that underlies taxation is that charges are imposed to support the government in exchange for the general advantages and protection afforded by the. Tax laws provide a welldefined legal backing to the administration of each tax type states in clear terms the applicable rate. Nov 17, 2017 in accordance with the national universities commission nuc requirements, the codes andor titles of some courses in various faculties of the national open university of nigeria, noun have been changed. The details of a tax relief are specified in the tax law, and there are many different forms that tax reliefs can take. Nigerian taxation law, practice and procedures simplified saka. That material was based on the law of evidence act, 2004. The rules and procedures for the assignment of taxpayers to one of the three regimes as above will be determined by subdecree and shall be based on the form of the business, the type of business activity, and the level of turnover. Change to tax the provisions for the tax on profit as stated in the finance act of 1994 promulgated by the royal kram no. Tax planning arranging ones affairs to take advantage of the obvious and often intended effects of tax rules in order to maximize ones aftertax returns. Taxation 19942006 arranged by topics answers to bar examination questions in taxation law arranged by topic 1994 2006 edited and arranged by.
The list will be updated regularly so as to guide courses and exams. In case of buyingselling the enterprises, the sellings party must clear its tax arrears in advance before selling it. The remaining courses explore the taxation of other entities, such as the taxation of corporations and partnerships, the taxation of wealth transfers, and the tax rules applicable to particular. The income tax act 1961 has been brought into force with 1 april 1962. This is to inform all graduates of the national open university, noun that the 2019 graduation list for the 8th convocation ceremony has been uploaded online and can be downloaded in pdf. Definition and synonyms of taxation from the online english dictionary from macmillan education this is the british english definition of taxation. Taxation law i summary tax 3 taxation law i summary tax 11 summary lecture 112 summarized notes to be used for final exams summary complete taxation law 1 exam revision notes essay tax law assignment grade 2930 completeexamtax law notes. A tax can either be proportional, progressive or regressive. Noun school of law study materials and courseware using this medium, i would love to inform all students of the national open university of nigeria noun who are planning to study law, that they can now enhance their knowledge and study the noun law materials using the courseware which is freely uploaded by the management. The process whereby charges are imposed on individuals or property by the legislative branch of the federal government and by many state governments to raise funds for public purposes. Noun faculty of law past questions and answers for easy access to the materials below, make use of the search box or show entries, using keywords like the course code or course title.
Ndu post utme past questions for management accounting, business administration niger delta. Taxation is when a government takes money from people and spends it on things such as education, health, and defence. Introduction to taxation taxes are the price we pay for a civilized society. You can take courses in estate planning, tax accounting and taxation of intellectual property, just to list a few of the options. Llb bachelor of legislative law course is the most common undergraduate course of legal law education offered by many law colleges and universities in india. Definition and synonyms of taxation from the online english dictionary from macmillan education. A company thus has legal rights and obligations in the same way that a natural person. In general, tax law is concerned only with the legal aspects of taxation, not with its financial, economic, or other aspects. Tax law definition taxation is a governmental assessment upon property value, transactions, estates of the deceased, licenses granting a right andor income, and duties on imports from foreign countries.
The remaining courses explore the taxation of other entities, such as the taxation of corporations and partnerships, the taxation of wealth transfers, and the tax rules applicable to particular transactions or. This law is adopted by the national assembly of the kingdom of cambodia on january 8, 1997 at the 7th session of the 1st legislature. Most law schools with tax law programs give you the opportunity to specialize in a particular area, such as corporate taxation, personal financial planning or employee benefits. Shortly after the national assembly passed into law, the evidence act 2011. The term taxation applies to all types of involuntary levies, from income to capital gains to estate taxes. Taxation noun definition and synonyms macmillan dictionary. Taxation and fiscal regulations in nigeria nigerian law guru.
Following the announcement of the national open university of nigeria, noun 9th convocation ceremony programme of events, the authorities of the university released some important information to al. Taxation is the system by which a government takes money from people and organizations and spends it on things such as education, health, and defense. National open university of nigeria noun course materials. Taxation is the system by which a government takes money from people and spends it on. In the united states, the role of the government extends from providing for national defense to providing social security and medicare to the elderly. Fundamental principles of nigerian taxation by seyi, ojo. Current students are advised to view the list below and register accordingly.
Taxation law i summary tax 3 taxation law i summary tax 11 summary lecture 112 summarized notes to be used for final exams summary complete taxation law 1 exam revision notes essay tax law assignment grade 2930 completeexamtaxlawnotes. Everyone ought to contribute towards the support of the government in proportion to their income. A schedular income tax is one in which separate taxes are imposed on different categories. The making of decisions as to the merits of various kinds of taxes, the general level of taxation, and the rates of specific taxes, for example, does not fall into the domain of tax law. Decree definition, a formal and authoritative order, especially one having the force of law. The term taxation applies to all types of involuntary levies, from income to capital. Any income or profit not taxable under a domestic tax law of a country cannot be taxed in that country under. This page is created, so as to help get all noun students informed, who would love to freely download the noun course materials for study were happy to inform all students of the national open university of nigeria, that the noun course materials downloads is now free and you can download or see your particular course and download the materials here.
Taxation law definition of taxation law by the free dictionary. Taxation is the process by which the government collects money from people to use for government purposes. Practical blaw30002 taxation law i unimelb studocu. National open university of nigeria noun faculty of law past. It applies to the whole of india including jammu and kashmir. Many of the reference books were also written prior to the 2010. Division 2deductions, determination of taxable income. Federal income taxation examines the fundamental rules controlling the taxation of individuals and serves as the gateway course to all of the other subjects in this practice area. Summary complete taxation law 1 exam revision notes. This book is primarily conceived for the convenience of tax officials. Taxation law definition of taxation law by the free.
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