Tax obligation definition - What it is, Meaning and Concept

Obligation is a term that comes from the mandatory Latin and refers to something that a person is forced to do for a legal imposition or for a moral requirement.The obligation creates a link that leads the subject to do or refrain from doing something in accordance with the laws or regulations.

Tax , meanwhile, is that pertaining to or related 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 (physical or legal persons) and whose objective is compliance with the tax benefit .Because it is an obligation, it can be demanded coercively.

The taxpayer, in this way, has a payment obligation as of legal link .Thanks to taxes, the State can settle and develop public works.

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 he collects through the tax obligation to invest in its creation and provision of the This is what is known by the name of consideration, since citizens give a percentage of their income so that the State meets part of their needs, among which are the following points, all essential for a country to develop:

* drainage; * public transport; * sewer network; * construction and maintenance of health centers; * fire department; * construction and repair of 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-sized businesses; * delivery of subsidies of various types, essential for many educational and labor ventures.

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 , the commercial disqualification or until imprisonment are possible penalties.

Generally, the tax obligation has to be paid before a stipulated period.If a tax expires on day 5 of each month and the obligated subject does not pay, from 6 it will already be missing.It is customary that, if the obligation is corrected in the following days, the person can pay a penalty and avoid other penalties, including execution costs, collection of surcharges and review by the tax authorities.

Failure to comply with the tax obligation is very common in many countries and, in the commercial field, 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 the lack of payment can bring, it becomes evident the presence of another variable to lead so many people to commit this lack.

How do you get to a situation in which the people stop trusting 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 a consequence of the bad administration by the politicians, as if a crime justifies the commission of the other, but the best way to end corruption is to fight With clean hands, try to build a better future with existing tools.