Fiscal Legislation

"Tax" was a compulsory exaction of money by a public authority for public purposes, whereas a "fee" was a quid pro quo, and a recompense for services rendered

Distinction between a tax and the fee lay primarily in the fact that a tax was levied as a part of a common burden, while a fee was a payment for a special benefit or privilege

"Tax" was levied to raise funds for meeting the "necessary expenses" of the State, therefore, a "tax" was not co-related to services rendered or special benefit or privilege conferred on the taxpayer and accordingly the taxpayer was sharing/discharging his obligation under a common burden without being a beneficiary of a corresponding benefit, whereas in contrast, a fee was not part of the common burden but was payment made in lieu of a benefit, service or privilege by the payer of such fee

Under Art.73(2) of the Constitution, a financial charge that neither fell within the ambit of the Federal Consolidated Fund or the Public Account of the Federation, could not fall within the scope of a "Money Bill".

"Tax" was a compulsory exaction of money by a public authority for public purposes, whereas a "fee" was a quid pro quo, and a recompense for services rendered

Distinction between a tax and the fee lay primarily in the fact that a tax was levied as a part of a common burden, while a fee was a payment for a special benefit or privilege

"Tax" was levied to raise funds for meeting the "necessary expenses" of the State, therefore, a "tax" was not co-related to services rendered or special benefit or privilege conferred on the taxpayer and accordingly the taxpayer was sharing/discharging his obligation under a common burden without being a beneficiary of a corresponding benefit, whereas in contrast, a fee was not part of the common burden but was payment made in lieu of a benefit, service or privilege by the payer of such fee

Under Art.73(2) of the Constitution, a financial charge that neither fell within the ambit of the Federal Consolidated Fund or the Public Account of the Federation, could not fall within the scope of a "Money Bill"

Power to impose a tax and to impose tax retrospectively rests with Legislature, which can exercise such power at any time unless prohibited by the Constitution.

Construction should be beneficial.

Fiscal Legislation Fiscal Legislation-Principle of The principle of all fiscal legislation is that if the person sought to be .taxed comes within the letter of the law, he must be taxed, however great the hardship may appear to the judicial mind to be. On the other hand if the Crown, seeking to recover the tai, cannot bring the subject within the letter of the law, the subject is free, however apparently within the spirit of the law, the case might otherwise appear to be.