1. If income tax is imposed after profits have been determined, why is taxation relevant...

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Accounting

1. If income tax is imposed after profits have been determined, why is taxation relevant to business decision making?
2. Most business decisions involve the evaluation of alternative courses of action. For example, a marketing manager may be responsible for choosing a strategy for establishing sales in new geographical territories. Briefly explain how the tax factor can be an integral part of this decision.
3. What are the techniques used in tax planning? Explain two of them.

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