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Accountancy - Taxation

Expert Author: Daniel Owen | Category: Taxes

Taxations first known systems were around 2800 BC - 3000 BC in Ancient Egypt (The first dynasty of the old kingdom). It is recorded in the time documents that Pharaoh would take a biennial tour of his kingdom; on his tour of the kingdom he would collect tax revenues from the people of the kingdom. Granary receipts on papyrus and limestone flakes are other records that were found.

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