Business Studies, asked by akas20, 1 year ago

what is trade ?
what is tax holiday

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akas20: plz help me

Answers

Answered by Anonymous
1

Hola mate♥

♥Answer:-

★tax holiday:-

A tax holiday is a government incentive program that offers a tax reduction or elimination to businesses.

★Trade:-

It is the action of buying and selling goods and services.

♥★Hope it helps♥★

Answered by Talentedgirl1
2

Answer:

Trade

Trade involves the transfer of goods or services from one person or entity to another, often in exchange for money. Economists refer to a system or network that allows trade as a market. An early form of trade, barter, saw the direct exchange of goods and services for other goods and services.

Tax Holiday

A tax holiday is a temporary reduction or elimination of a tax. It is synonymous with tax abatement, tax subsidy or tax reduction. Governments usually create tax holidays as incentives for business investment.

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