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  • Commerce Form Four Studynotes: P A G e

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    Chizani Mnyifuna
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    The document discusses taxation in Tanzania. It defines taxation as compulsory contributions from different sources of income paid to the government to finance its activities. It then lists four key reasons for taxation: 1) To cover the costs of administration such as defense, police, and hospitals. 2) To control consumption of harmful goods like alcohol through higher taxes. 3) To reduce income inequalities through a progressive tax system. 4) To fund economic development activities like road construction and industries.

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    Commerce question

    Original Title

    Commerce-Notes-Form-4-Teacher.ac-TZ

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    The document discusses taxation in Tanzania. It defines taxation as compulsory contributions from different sources of income paid to the government to finance its activities. It then lists four key reasons for taxation: 1) To cover the costs of administration such as defense, police, and hospitals. 2) To control consumption of harmful goods like alcohol through higher taxes. 3) To reduce income inequalities through a progressive tax system. 4) To fund economic development activities like road construction and industries.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    60 views3 pages

    Commerce Form Four Studynotes: P A G e

    Uploaded by

    Chizani Mnyifuna
    The document discusses taxation in Tanzania. It defines taxation as compulsory contributions from different sources of income paid to the government to finance its activities. It then lists four key reasons for taxation: 1) To cover the costs of administration such as defense, police, and hospitals. 2) To control consumption of harmful goods like alcohol through higher taxes. 3) To reduce income inequalities through a progressive tax system. 4) To fund economic development activities like road construction and industries.

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    of 3

    COMMERCE

    FORM FOUR
    STUDYNOTES

    Download this1a|ndP ma ogree free notes and revision


    reDsoouwrncleosadfrothmishattnpds:m//toeraecfhreere.arce/staonuzrcaensiaf/rom https://teacher.ac/tanzania/
    TAXATION

    Is the Compulsory Contributions from different Source of Income to the


    government for the purpose of finance Its activities.

    WHY TAXATION OR WHY DO THE GOVERNMENT


    TAX/PURPOSE OF TAXATION/REASON OF TAXATION

    1. To cover the cost of general administration

    Government charge taxation purposely to cover such as defense and social


    services provided by the state i.e.

     Army
     Police
     Hospital

    2. Control harmful goods like alcohol etc

    To check the consumption of goods which can be harmful to human being.

    To control the consumption of harmful goods such as spirits and tobacco by


    increasing its taxation.

    3. To reduce income inequalities

    The government adopt a system of taxation which reduce the gap between
    the lower income earner and higher earner through (PAYE)

    'Pay as you earn'

    PAYE

    Is a progressive income tax system which imposed to a person according to


    his or her Income.

    4. for furtherance of economic activities

    The revenue is needed by the government in order to establish or improve


    economic activities such as road constructions, industries etc.

    Download this a nd m o re free notes and revision


    2 | P a g e
    reDsoouwrncleosadfrothmishattnpds:m//toeraecfhreere.arce/staonuzrcaensiaf/rom https://teacher.ac/tanzania/
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