Tax law

Primary taxation issues differ among various countries, although similarities might exist. Developed countries • Taxes can fail to raise sufficient revenue to cover government spending. • Taxes are generally complex and can be viewed as benefitting high income earners more than they do to lower income earners (in the payment of relatively less tax). • Tax evasion and avoidance occur, leading to reduced government revenue. • Taxes can produce poor desired outcomes (lower productivity and provide less incentive for businesses to grow). • Definitions of tax law can be confusing to laypeople and even attorneys who specialize in other areas of law. Developing countries • Taxes in developing economies can be hard to standardize since most workers work in small, and often unregulated enterprises. • Tax systems without sound establishments and competent administration to run and manage them can be burdensome and inefficient. • Tax systems without reliable data are hard to regulate and change. • Tax systems tend to have the rich bear a heavier burden of taxation. == Education ==

Australia Tax law education is a specialisation of accountants, tax agents, and lawyers. Accountants are required by either CPA Australia to complete a course in law of taxation and law of financial services. There is a legal obligation to complete taxation law and commercial law for registration as a tax agent with the Tax Practitioner's Board. Law students are not typically required to complete a unit in tax law, but may opt to take it as an elective in Australian universities. Pertaining to the US Pre-requisites • completion of a bachelor's degree - students contemplating tax law might have to consider majoring in economics, accounting or finance. • sitting for Law School Admission Test (LSAT). Law school • In law school, the students take foundational courses from "constitutional law to civil procedures." Overall, legal education, across African countries, starts at the university level as an undergraduate course although a few universities have promulgated a law degree as a graduate program "akin to [that] … in the United States, Canada, and India." == See also ==