Introduction to income tax [antikvár]

PREFACE These pages contain a statement of the law as it now stands after the far-reaching amendments of recent years, but, as its dimensions indicate, this book does not pretend to offer a complete exposition of the Law and Practice relating to Income Tax. It aims at indicating the leading features of the subject, and deals with matters about which there is no sort of doubt. No one can hope to understand the implications of any particular practical problem until he has acquired a grasp of the nature of the framework upon which our income tax system has been built up. With this in mind, the author hopes that treatment of the subject in the manner now presented will meet a real need among students approaching the subject for the first time (for whom this book is intended as a first course of reading) and among tax-payers generally. It is thought that the latter will find it sufficient for the disposal of that large class of income tax perplexities that arise from imperfect understanding of first principles. As to scope, the book adequately covers the requirements, as regards income tax, of the advanced stages of the Bookkeeping and Accounting examinations of the Royal Society of Arts, the London Chamber of Commerce, and kindred bodies; and alsó the Intermediate examinations of the various Professional Accountancy and Secretarial bodies. E. D. F. February, 1936.