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THE ROLE OF TAXATION IN AN ECONOMIC DEVELOPMENT AND PLANNING (A CASE STUDY OF OGBOMOSHO NORTH LOCAL GOVERNMENT)

CHAPTER ONE INTRODUCTION 1.1     BACKGROUND OF THE STUDY Taxation comes from the words “LAT TAX RE” which means “to estimate”. It is a system of compulsory contribution usually in monetary term charged by the government of any country or its agencies against the income or wealth of a co-operative body, individuals or partnership for the provision of amenities. Taxes are the most important sources of government revenue. According to K. ...

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