Transferring Tax Losses to the Future Essay

Exclusively available on Available only on IvyPanda® Made by Human No AI

On the one hand, transferring tax losses to the future is very fair for organizations. In this case, businesses and any other enterprises that pay taxes will pay taxes in good faith and not worry about losses. The reason for this will be the realization that losses in the next year can be compensated. On the other hand, a premium on the company’s balance sheet may reduce the motivation to work better and approach your work consciously. In addition, the company can easily and without worry make losses instead of working hard for profit. Consequently, such a phenomenon can reduce productivity and quality of work.

It is beneficial for each state to help other companies develop their business, as this will significantly contribute to the country’s budget. Therefore, the estimated reserve is a great help to companies in a difficult financial situation, but I have a good prospect. However, it is worth considering the other side of this help. What if a company or other organization quits its business after a year? Then it turns out that the state helped in vain, and there will be many more such organizations than those who were able to reach profit is not excluded. In addition, due to the availability of an estimated reserve, many people may risk opening a company and then abandoning this business.

More related papers Related Essay Examples
Cite This paper
You're welcome to use this sample in your assignment. Be sure to cite it correctly

Reference

IvyPanda. (2023, June 23). Transferring Tax Losses to the Future. https://ivypanda.com/essays/transferring-tax-losses-to-the-future/

Work Cited

"Transferring Tax Losses to the Future." IvyPanda, 23 June 2023, ivypanda.com/essays/transferring-tax-losses-to-the-future/.

References

IvyPanda. (2023) 'Transferring Tax Losses to the Future'. 23 June.

References

IvyPanda. 2023. "Transferring Tax Losses to the Future." June 23, 2023. https://ivypanda.com/essays/transferring-tax-losses-to-the-future/.

1. IvyPanda. "Transferring Tax Losses to the Future." June 23, 2023. https://ivypanda.com/essays/transferring-tax-losses-to-the-future/.


Bibliography


IvyPanda. "Transferring Tax Losses to the Future." June 23, 2023. https://ivypanda.com/essays/transferring-tax-losses-to-the-future/.

If, for any reason, you believe that this content should not be published on our website, please request its removal.
Updated:
This academic paper example has been carefully picked, checked and refined by our editorial team.
No AI was involved: only quilified experts contributed.
You are free to use it for the following purposes:
  • To find inspiration for your paper and overcome writer’s block
  • As a source of information (ensure proper referencing)
  • As a template for you assignment
1 / 1