Chapter 12 focuses on incentives related to taxation. It suggests individuals and firms somehow compute how taxation will affect the risks related to enterpreneurial activity. Do you think...

Entrepreneurs and taxation
What exactly is the proportion of time that an entrepreneur needs to spend while planning about
the business or the new venture? This is one of the most important questions that come in the
mind of an entrepreneur. Should the nature of business be defined by the taxation rules?
It is very clear that any person looking ahead for the new venture needs to register the business
and understand the taxation part of it to the full extent. He needs to understand all the filings and
schedule as prescribed by the government and also needs to pay the required amount as tax.
However, one thing that is clearly evident is that the owners know little about the taxation part
and that’s where the need for the experts comes in. They hire experts to...