What Challenges Do Businesses Face Regarding the Tax Base?
Businesses often encounter several challenges when dealing with their tax base:
Complex Tax Codes: Navigating complex and ever-changing tax codes can be difficult, requiring specialized knowledge and resources. Global Operations: For multinational companies, managing the tax base across different jurisdictions with varying tax laws adds layers of complexity. Tax Audits: Regular tax audits by government authorities can scrutinize the tax base, leading to potential adjustments and penalties.