Tax burden and factors determining it

Tax burden and factors determining it

Tax policy is a set of tax regulation measures implemented by the state. It is a key element of economic policy and serves as a tool for regulating macroeconomic proportions.
The behavior of a business entity determines the primary goal of entrepreneurial activity—increasing total income. Along with developing production, improving organization and management, and implementing the latest technologies and equipment, businesses strive to increase revenue by reducing the tax burden and finding rational and legal ways to reduce tax payments.