Tax Deduction At Source
In Greece, a tax called ‘EISPHORA’ was imposed in times of war to pay for the special wartimeexpenditure. However, when additional resources were gained by the war efforts, the tax wasrefunded. Athenians also imposed a monthly poll tax, called “
” on foreigners and people,whose parents were not Athenian.In England, the first tax was assessed during occupation by the Roman Empire. In the Magna Carta of 1215, the traces of tax called ‘aids’ are found. The taxes during 14
century was very progressive. Atax on movable property was also imposed on merchants. In 1798, the Prime Minister, William Pittinvented ‘income tax’, while straining to muster every resources to protect the beleaguered BritishCrown. Under the earliest taxing schemes, income tax was imposed on the wealthy, office holders andthe clergies. The poor paid little or no tax.The earliest taxes in Rome included customs duty on imports and exports called “
Italian city-states levied a tax in the 1200s and 1300s, called the “
on mercantile property intimes of war. Napoleon’s
taxed income from trades and professions.
the mosturbanized part of Europe, levied its first income tax in 1797,
in 1799, Duchy of Baden in 1808and Russia in 1812, the year Napoleon invaded it.In colonial
Colonists were paying taxes under the Molasses Act, which was modified in 1764to include import duties on foreign molasses, sugar, wine and other commodities. The new Act wasknown as the Sugar Act. To add revenue, Stamp Act was added in 1765, which imposed a direct tax onall newspapers
printed in the colonies and several types of commercial and legal documents.