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Will Avoiding Taxes Eventually Lead To Bad Debts?
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[QUOTE="Abigael, post: 217094, member: 25357"] Not paying taxes is very bad for a business. This is because it will for sure lead them to build up making the business have bad debts. This kind of bad debt causes the business to have more bad consequences. For instance, they will get into trouble with the law because paying taxes is a requirement for all business organizations. Failure of which there are legal consequences to be faced. Moreover, the company will end up loosing many great opportunities. This is because having a bad debt creates a bad credit history for you. Opportunities such as government grants will not be enjoyed by a company with unstable finances. Moreover, whenever you need a loan, you won't get it from loan lending institutions. [/QUOTE]
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Will Avoiding Taxes Eventually Lead To Bad Debts?
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