Answer to Question #270472 in Accounting for Another you

Question

1. Explain the Scope of Taxation(Comprehensive).

2. Explain the Scope of Tacarion(Plenary)

3. Explain the Scope of Taxation(Unlimited)

4. Explain the Scope of Taxation(Supreme)

Answer 1

Solution:

1.). The scope of Taxation (Comprehensive) – Taxation has a wide area of coverage and application. It covers all individuals, properties, rights, and transactions subject to taxation.

 

2.). The scope of Taxation (Plenary) – Taxation has complete and absolute power to take action on a specific matter with no limitations.

 

3.). The scope of Taxation (Unlimited) – The power of taxation is essentially unlimited. This means that the state can tax anything, anytime, anywhere, and at any amount.

 

3.). The scope of Taxation (Supreme) – Taxation has the greatest degree of application and is regarded as the most powerful of the state's inherent powers. Taxation affects every trade or occupation, every industry, and every type of possession, imposing a burden that must be met by all parties.