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Advantages of knowing your business taxation policy.
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[QUOTE="TOZZIBLINKZ, post: 271748, member: 37528"] It is absolutely very interesting when a business owner knows how exactly is business will be tax by government, only a few minority or business owners usually think about how their business taxation will be and they usually think about this during their initial formulation of their business. Sometimes the taxation of a business is so much influenced by the tax policy of the country or the economy in which the business is actually resided. In order to find the right environment to sit with your business where your business taxation would absolutely be relatively bearable you need to conduct a feasibility study and research. It is assumed that business established near major roads and international roads are usually tax more highly by the government but business is established or implemented close to feeder roads and non-international routes are less tax by the government, a good example for this is Nigeria businesses are being tax based on the environment they find themselves. Although this may not be the proper way for business taxation but do you today corrupt taxation policy we have over here it has been so for a long time. [/QUOTE]
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