FIN623 MIDTERM SOLVED PAPERS
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Tax management is a strategy where a person manages his business and other transactions/activities in such a way that he can take maximum advantage of the tax holidays, exemptions, relief, rebates, tax credits, and deductibles available under the law and as a result, he can take advantage of them to minimize his tax responsibilities. To achieve this, a clear understanding of the relevant laws and expertise in their application is of the utmost importance. It is a professional strategy to plan a person’s tax affairs. It is very important in business management decision-making.
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FIN623 MIDTERM PAST PAPERS BY MOAAZ:
The scope of taxation management is multidimensional, with the tax factor among others playing an important role in choosing between the various opportunities available to a person. Tax administration involves deciding the available choice between employment and self-employment or the available choice of business as a sole proprietor, partnership, private company, or public company.
FIN623 MIDTERM SOLVED PAPERS:
A person includes a living person (natural person) or a natural person (juristic person). The scope of taxation management ranges from establishment of business to merger, amalgamation, liquidation, liquidation, dissolution, etc.
FIN623 MIDTERM SOLVED PAPERS BY MOAAZ:
Understanding and application of updated laws, especially tax laws, rules, and procedures. Application/utilization of benefits like tax credits, rebates, exemptions, rebates, etc. available under law. Maintenance of records/account books as required by law Disclosure of true facts (no concealment) which should not be withheld with respect to providing information or preparing accounts/data.