Wide spectrum of taxation
It means that taxation is one that extends to every business, trade or occupation; to every object of industry; use or enjoyment; to every specie of possession. It imposes a burden which in case of failure to discharge the same may be followed by the seizure and confiscation of property after the observance of due process. SOURCE: Golden Notes (2014). University of Santo Tomas (UST) Golden Notes. 2014. Page 2.
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