Question: Question 1 A. Define the term taxation, citing TWO (2) distinguishing features. (2 marks) B. Explain FOUR (4) attributes of a good tax system. (8

Question 1

A. Define the term taxation, citing TWO (2) distinguishing features. (2 marks)

B. Explain FOUR (4) attributes of a good tax system. (8 marks)

C. Difference between direct and indirect taxes, giving ONE (1) example of each. (4 marks)

D. Outline SIX (6) purposes of taxation

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