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Some of the reasons why government tax businesses.
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[QUOTE="CALVINDOL, post: 294021, member: 43757"] Government taxation on businesses is absolutely not a new thing and for long ago government have developed the habit of taxing businesses on a particular amount of money liability in which they usually have to pay possibly at the end of every month or at the end of every year. Business taxation is absolutely done by government for mutual interest and basically what that mean is that money gotten from businesses as tax are used to build capital projects in which businesses themselves and private individuals can also benefits such as good roads and other transportation system including electricity. Another possible reason why government tax businesses is so as to stop the consumption of some business is considered harmful to human existence. Moreover in such a situation government impose high taxation on businesses that sells tobacco cigarettes and other harmful drugs, this is basically to discourage the consumption as well as the children of such products in Nigeria to be precise. [/QUOTE]
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Some of the reasons why government tax businesses.
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