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FIN623 GDB 2 Spring 2012 Solution

Documentation of any economy – being advantageous, is being recommended by various governing agencies and business organizations in the best interest of economic development of the country.You are required to list down any four advantages of documentation of the economy in Pakistan.

Solution:

Documentation mean taxation records or filing of taxation ,for which we can write points like this:

1-Tax documentation may help to make maximum use of tax holidays,exemptions, concessions,rebate,tax credits,deductiable allowances under law.

2-it is of significant importance in business management decision. etc.

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