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Countries like the United Kingdom, India and various parts of Europe have introduced various measures to motivate the investment in start-ups, with a variety of incentives including tax reliefs and holidays. However, this would depend on the various requirements set within these policies including the type of business form.
Required:
Compare any three (3) countries of your choice, highlighting the tax policies and incentives to motivate investment in start – ups. The answer should clearly identify the business forms mentioned in the policies and the tax implications especially in line with the impact of COVID-19.
Demonstrate the understanding on corporate taxable income
Analyze current situation of tax regulations
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