how taxation and legislation impact positively (contribute to the company's success) and negatively can lead to failure)on the Hollard
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Please go to forms of ownership from your business textbooks
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IMPACT OF TAXATION AND LEGISLATION ON BUSINESS.
Taxation is a government policy that aims to collect revenue for the government projects. Taxeation focuses on bussiness profit that affects business increase. Taxation affects the efficiency and ability of business operation
Legislations are policies and regulations put in place to regulate the flow of business operation. Legislations in business environment determines employment slots, consumers, competition and safety measures that aim to reducing the red tape to remove protections but rather to simplify and amend them.
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