1.What is the definition of tax? Why are taxes not penalties or fines? 2.Discuss the...

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Accounting

1.What is the definition of tax? Why are taxes not penalties or fines?
2.Discuss the tax objectives created in Malaysia.
3.Why should GST be abolished? If it is re-imposed, do you agree / Discuss.
4.Explain the following:
(a)equity and fairness
(b)ability to pay
(c)efficiency
5.The population of Malaysia is 32 million and individual taxpayers are only around 9 million? Why is this happening? Explain.
6.Explain the tax objectives in Malaysia. 7.Discuss the types of taxes collected by the IRB and the Royal Malaysian Customs

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