Discuss the source of income in the company of your choice. Describe and analyse the possible issues in tax returns and ways to overcome it.
1. Clear introduction of the company covering all of the following:
Name and address
Main activities
Products or services
Types of industries
2.Very clear description on source of corporate income with real examples given.
3.Able to give four possible reasons for unreported income to the tax authority.
4. Able to give four suggestions to overcome the issues of unreported income by the corporate taxpayer.