SOCIO-ECONOMIC CONSEQUENCES OF TAXATION ON SMALL AND MEDIUM BUSINESSES
DOI:
https://doi.org/10.55640/Keywords:
small and medium enterprises, taxation, socio-economic impacts, tax incentives, investment, employmentAbstract
This article provides an in-depth analysis of the social and economic impacts of taxation on small and medium enterprises (SMEs). The study reveals how tax burdens affect business investment capacity, job creation, regional development, and societal welfare. The article also examines the negative consequences of excessive taxation and the potential for stimulating SMEs through tax incentives.
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