What Does tax obligation Mean
Obligation is a term that comes from the Latin obligatio and that refers to something that a person is forced to do by a legal imposition or by a moral requirement. The obligation creates a link that leads the subject to do or refrain from doing something according to the laws or regulations.
Tax , for its part, is that belonging to or relating to the tribute , a concept that can be used to name the delivery of money to the State for public charges. A tribute, in that sense, is a tax .
The tax obligation is the link established by law between the creditor (the State) and the tax debtor (natural or legal persons) and whose objective is the fulfillment of the tax benefit . Because it is an obligation, it can be enforced in a coercive manner.
The taxpayer, in this way, has an obligation to pay from the legal bond . Thanks to the taxes, the State can pay for itself and develop works of public good.
Through the payment of taxes, the taxpayer helps to develop each service he receives since the State takes advantage (or should take advantage of) the resources it collects through the tax obligation to invest in its creation and making it available to the people. This is what is known by the name of consideration, since citizens give a percentage of their income for the State to satisfy part of their needs, among which are the following points, all fundamental for a country to develop:
* drainage;
* public transport;
* the sewerage network;
* the construction and maintenance of health centers ;
* the fire department;
* construction and repair works for buildings and public roads, which includes roads, tunnels and bridges;
* Design and implementation of specific projects and programs to support entrepreneurs, both micro, small and medium;
* Delivery of subsidies of various types, essential for many educational and labor undertakings.
In the event that the person fails to comply with their tax obligation, the State may proceed to punish them as stipulated by law. The payment of a fine , commercial disqualification or even imprisonment are possible sanctions.
Generally, the tax liability has to be paid before a stipulated deadline . If a tax expires on the 5th of each month and the obliged subject does not pay, from the 6th it will be in default. It is usual that, if the obligation is corrected in the following days, the person can pay a penalty and avoid other sanctions, among which are execution costs, collection of surcharges and review by the tax authorities.
Non-compliance with the tax obligation is very common in many countries and, within the commercial sphere, it is usually associated with certain items in particular. Having exposed the use that the State should make of the money collected in the collection of taxes, as well as the consequences that non-payment can bring, the presence of another variable becomes evident to lead so many people to commit this fault.
How do you get to a situation in which the people stop trusting in the legitimacy of their government and decide to go against the rules ? In general, those who evade the payment of their taxes affirm that their crimes are the consequence of bad administration by politicians, as if one crime justified the commission of the other. However, the best way to end corruption is to fight with clean hands, to try to build a better future with existing tools.