Sunday, September 10, 2006

i learnt a lot in my taxation class...this is what i learnt
1.Benefit of doubt is given to accused.
2.Only the one who dies, knows what death is:-Tax payers
3.To create equality ,broadest shoulder should carry heaviest load.
4.Low tax rate has high complience
5.Property means bundel of rights.
4.Legal way of evading tax is called tax avoidance.