Question

What is tax revenue?

• A. Voluntary payment to the government
• B. Compulsory payment by citizens to the government to meet public expenditure
• C. A payment that taxpayers can refuse
• D. A penalty imposed for legal offenses

Answer 1

Answer:

B. Compulsory payment by citizens to the government to meet public expenditure

TAX REVENUE

• Tax is a compulsory payment by the citizens to the government to meet the public expenditure.

• It is legally imposed by the government on the taxpayer and in no case taxpayer can deny to pay taxes to the government