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Discuss the source of income in the company of your choice. Describe and analyse the possible issues in tax returns and way to overcome it.
Discuss the source of income in the company of your choice. Describe and analyse the possible issues in tax returns and way to overcome it.
Introduction of the selected company. (8 marks)
Name and address
Main activities
Products or services
. Types of industries
Description on the source of corporate income in the selected company with real examples. (12 marks)
Give four possible reasons for unreported income to the tax authority (12 marks)
Four suggestions to overcome the issues of unreported income by the corporate taxpayer(12 marks)
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