How Would You Manage Your Business Taxes If You Become A Defaulter?

[Good-Guy]

Whenever we conduct business in any country, we are obliged to pay taxes to the government and no one is exempted from paying tax and it does not matter whether you are a foreigner or a local resident of a country, you must pay tax no matter what. However, there comes certain circumstances when you are not able to pay tax and you postpond your tax payment schedule and some people never bother to pay their taxes and they become a defaulter. The fact of the matter remains that the amount of tax just adds up by the passage of time and you may end up getting in debt if the amount is too big. So How Would You Manage Your Business Taxes If You Become A Defaulter?

 

[btaliat]

The fact is that it is not that good to involve oneself in some things that may be detrimental to the business. But if this happens, I may settle score with the agent involved in the collection of tax and tell them when and how I will be repaying the tax.