These days in the developing countries, tax and taxation is playing a very important role. #Taxation maintains the economy at a higher employment level in order to raise the saving capacity of the people with an increase in income per head.
Role of Taxation in Developing Countries http://bit.ly/2OsWUD3
Taxes are imposed on corporations, individuals, organizations, personal and real properties, businesses, corporations, etc. as a mandatory fee by the State. The different types of taxes explained in Taxation Homework Help