Now, in the context of state taxation, the question here is whether a state can exercise jurisdiction over a person. This type of due process for tax individuals from the government interfering with a fundamental rights, for example, the right to privacy, liberty, the right to marry. First, there are something called substantive due process. Now, when we talk about due process, there are two components of the due process clause we have to think about. So states have to comply with due process requirements in the context of state taxation. Not to mention that subjecting you to a state's jurisdiction certainly impacts your liberty. What is the goal state taxation? Well, it's to collect revenue, money from taxpayers, and money is property. Specifically the due process clause of the 14th Amendment of the United States Constitution states that no state shall deprive any person of life, liberty, or property without due process of law. For more information on this exciting iMSA online program, refer to this link: View SyllabusĪs we've already briefly mentioned, the due process clause of the 14th Amendment places a limitation on a state's power to tax. If you are missing any prerequisites for the full degree, you can complete Coursera courses to demonstrate readiness and strengthen your application for the iMSA. Try an open course or two, then apply for admission into the credit-bearing version as you may be eligible to take credit-bearing courses during the application process. The iMSA is a full Master of Accountancy program and students graduate with an MS that is highly recognized. The University of Illinois at Urbana-Champaign, consistently ranked as one of the nation's top three accounting programs, now offers a master’s in accounting at a very affordable tuition rate and is completely online. If you enjoy this course, consider enrolling in our online graduate Accounting program. Discussions will focus on income taxes, sales taxes, and property taxes. The course will consider the historical progression of state and local taxation, the power of states to tax (and the limitations on that power), and planning strategies for minimizing the impact of state and local taxation. This course will examine state and local tax laws prevalent in the United States today.
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