Published July 24, 2024
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SELECTING A TAXATION SYSTEM AND ORGANIZING ACCOUNTING AND TAX ACCOUNTING DEPENDING ON THE TYPE OF ACTIVITY OF THE ORGANIZATION
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This article examines the process of selecting an appropriate taxation system and organizing accounting practices tailored to the specific activities of organizations. It explores various taxation options, including simplified and traditional systems, and their implications for accounting and tax compliance. By analyzing different business types and their tax obligations, the study provides a framework for optimizing financial management and ensuring regulatory compliance. The findings offer practical insights for businesses to align their accounting strategies with their operational needs and legal requirements.
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