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Is the government an important factor of a Business existence?
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[QUOTE="Alexandoy, post: 206867, member: 25510"] The government should be supported of business enterprises because the business is there for the profit. One factor is the taxation. When the tax is onerous that the business would endure shortage of funds then most likely the businesses in the area would soon close shop. In some provinces here they give a tax holiday of 1 year for new businesses to give the entrepreneurs a chance to earn. We also have the discount on the seniors which discount of 20% on food items is shouldered by the government (the amount of discount is deducted on the taxes due the business). The rental law is also a factor especially when there is a cap on the rental increase. But in our country there is no much benefit that is given by the government to the business, what I mean is the national government. [/QUOTE]
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Is the government an important factor of a Business existence?
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