In making tax collection regulations because the tax proceeds will later be used for the benefit of the people themselves. Also read: Understanding Income Tax Accounting and the Basic Principles in it Functions of Tax Law Functions of Tax Law tax law illustration. source envato Taxes have a number of functions that are based on principles that aim to improve the welfare of the people. The functions of fiscal law are as follows: Serves as a reference in creating a tax collection system that is based on fairness, efficiency, and is regulated as clearly as possible in the law regarding fiscal law itself. Functions as a source that explains which subjects and objects need or do not need to be used as a source of tax collection in order to increase overall tax potential. To prosper and prosper the people. A successful country is a country that can make its people or society feel generally happy, both from an economic and social perspective.

To create order in creating an environmental condition that is conducive and peaceful, it is necessary to maintain public order that has full support from the people. This law will also make a country must be able to provide a sense of security and protect it from various kinds Panama mobile number list of disturbances or threats originating from outside or within its own country. Like other laws, tax law is also about achieving justice. The state establishes a judicial institution which is used as a forum for citizens to request justice in all aspects/fields, including taxation Also read: What is Fiscal Policy? The following is the complete understanding Types of Tax Law Types of Tax Law tax law illustration. source envato The types of tax laws are as follows.



Formal Tax Law Tax law which contains provisions to make material tax laws a reality. Formal tax law contains procedures or procedures for determining the amount of tax debt, the rights of the tax authorities to conduct evaluations. Formal tax law also determines the taxpayer's obligation to keep bookkeeping, as well as procedures for submitting objection letters and appeals. An example of formal tax law is the Tax Procedures. Material Tax Law Tax law which contains provisions regarding conditions that are subject to tax (tax objects), Who will be taxed (tax subject) and who will be exempt from tax and how much must be paid (tax rate). Examples of material tax laws are income tax (PPh) and Value Added Tax (VAT.