Difference between revisions of "Taxation"
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'''Taxation''' is a compulsory levy upon the residents of a province or realm, imposed by the monarchy of that realm, in order to ensure the availability of workers and [[Soldier-at-arms|soldiers]], [[Food|food]], materials, other services and [[Coin (monetary unit)|coinage]] for use by the realm. A large bureaucracy usually exists in the state to ensure tax compliance, the process by which taxpayers are required to pay the right amount of tax at the right time, in the form required. | '''Taxation''' is a compulsory levy upon the residents of a province or realm, imposed by the monarchy of that realm, in order to ensure the availability of workers and [[Soldier-at-arms|soldiers]], [[Food|food]], materials, other services and [[Coin (monetary unit)|coinage]] for use by the realm. A large bureaucracy usually exists in the state to ensure tax compliance, the process by which taxpayers are required to pay the right amount of tax at the right time, in the form required. | ||
| − | Taxation exists in many forms, each dealt with in the links below. Failure to make good on taxes is a serious crime, enabling the state to seize property, reduce an individual to [[Debt|debt]] bondage, | + | Taxation exists in many forms, each dealt with in the links below. Failure to make good on taxes is a serious crime, enabling the state to seize property, reduce an individual to [[Debt|debt]] [[Debt Bondage|bondage]], prison or capital punishment. |
Revision as of 18:48, 15 December 2022
Taxation is a compulsory levy upon the residents of a province or realm, imposed by the monarchy of that realm, in order to ensure the availability of workers and soldiers, food, materials, other services and coinage for use by the realm. A large bureaucracy usually exists in the state to ensure tax compliance, the process by which taxpayers are required to pay the right amount of tax at the right time, in the form required.
Taxation exists in many forms, each dealt with in the links below. Failure to make good on taxes is a serious crime, enabling the state to seize property, reduce an individual to debt bondage, prison or capital punishment.
