Introduction
A major problem within the economic environment regarding taxation is the discouragement of people from undertaking activities that result into higher tax liabilities. Not only individuals exude discouragement from undertaking activities that result into higher tax liabilities, also the corporate sector is exuding similar behavior. Thus, the prospects of outsourcing of organizational activities to other countries and brain drain have become an aspect of concern. Thus, towards sustenance of effective tax regime, it is imperative that the government invests into an incentive centric operational approach. The incentive based reforms within the tax system should focus on offering incentives to Continue reading...