How is the regulatory function of taxes implemented?
October 26, 2020 | Education|
The regulatory function is implemented through the influence of taxes on the economic and social development of certain sectors of the economy, regions, and enterprises. It is connected with the solution of such issues: determination of the object of taxation and methods of its calculation, determination of the sources of tax payment, establishment of the size of tax rates and methods of their calculation, setting the deadlines for paying taxes, providing tax benefits, applying penalties for violation of tax legislation by business entities.
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