Importance of Eliminating/simplifying Taxes and Regularities-Tax People are Business Liability than value add servent



Finance and Business People should more focus on Business processes, Business Modeling, financial packages (SAP, Oracle or any other local Package), Inventory system, Cash flow and the Financial and Management Reporting. They should not be much bothered about the tax management and Duty responsibilities.... A great system implementation will take care of everything.... Due the Technology revolution most of the countries are Restructuring and simplifying their taxes......This is the great gift the Business Industry is going to get 

No good businessman wants to avoid the Govt. responsibility..... Unfortunately, in most of the countries, regulatory and tax responsibilities are used as a tool to scare people for the corruption money by various Govt departments, including Police and the Tax and regulatory professional for making their living as a connecting/commission agent between authority and the Clients for their money and power...... Countries like India, where lawyers, including over 30% fake degree lawyers, use their name, and rubber stamp for false certifications. The normal, honest and genuine people are the big time victim of this kind of situation as they do not want to get into the regulatory issues and have not much of legal academics neither they can afford a professional for the representation and saving time and efforts...
Business Professionals should focus more on business system and understand the implications for the betterment of Business and Profit drive..... Worst scenario the business people should outsource their legal and Tax issues to an Outsource profession company..... with a close eye on them with a security intelligence company...... This will help reduce a huge salary cost paid to non value add employees in the organisation and help better pricing for the customers for great business future. 
Learning Business modeling, financial impact, Business process and ERP implementation are more important than any other thing in the business management..... Technology is the BOSS....
Business income is more important to make more Tax revenue for the Nation.... Business People make Tax revenue not the Tax professionals and Govt Authorities and Police..... They re a Business liability and the drivers of corruptions..... and fortunately most of them are getting back home with the updating of Business knowledge and Technology evolution in the world.....

Comments