Abstract:

Tax laws play a crucial role in maintaining economic stability by ensuring businesses contribute fairly to national revenue. However, profit manipulation by businesses poses a significant challenge to tax compliance. This paper explores the role of general financial procedures in tax laws as mechanisms to prevent profit manipulation. By examining regulatory frameworks, auditing standards, and financial reporting requirements, this study underscores how robust financial procedures enhance transparency and accountability, reducing the scope for tax evasion and fraud.

Description:

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