how taxation and legislation impact positively contribute to the company success and negative can lead to a failure
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The system of the conpany depends on the legislation. To run it taxtaion is important. Because one company can be closed down by the country if it is avoiding taxes and this can even get worse if the company is draged to court for the decission
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Let me try to give help on this.
Taxation is one of the forms employed by the government to boost for revenue in any given country.
Taxation has got its impacts to the well being of the company. Higher taxation rate may lead to decline on the company s activities which may hinder ts potential output.
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