Tax fact

Wholesale and retail sector is the largest sector in respect of establishments in the country; if it pays its due taxes, it would be an immense support to the national exchequer and would enable the tax/GDP ratio reach a reasonable level.
Unfortunately in 2014/15 only 2% of the overall base of the wholesale & retail sector paid taxes.
why are the wholesale and retailers reluctant to pay taxes ?
#aiktax #taxfact #primeinstitute
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