Ways on how tax policy can be used to promote the growth of small and medium Enterprises (SMEs)

      

Taxation

  

Answers


Kelvin
a) Deduction of tax rates for small and medium Enterprise in order to increase retained profits for investment purposes
b)Protection of the market small and medium Enterprises through discouraging import of finished products by imposing heavy import duties and promotingof purchases of locally produced goods
c)Subsidised taxes and tax incentives to crate growth of Small and Medium Enterprises
d) Acquisition costs should be allowable deductions to the Small and Medium Enterprises to encourange acquisitions for growth of small and medium enterprises
Ivutha answered the question on October 26, 2017 at 18:33


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