• Only 2 Weeks Left! Help Discussion Bucks Win the $200 Prize!

    We need just 3 more referrals to qualify for the $200 prize in the Agora forums referral contest. Your support is crucial—every referral counts!

    Click Here to Support Us!

Falsifying expenses fraud

Joined
Sep 25, 2023
Messages
16,441
Solutions
1
Reaction score
1,717
Location
Philippines
D Bucks
💵4.583500
Referral Credit
75
There are business operators who falsify their true expenses to escape tax. Falsifying expenses is done by big companies. They do not declare the true statement of income and do not record the true record of the expenses . The income of the company or business is understated by creating a false statement of the amount of the net of the company's or business ' earnings. Any company or business doing this will be charged by the law, pay the penalty, and face the court. Therefore avoid this illegal act to maintain a good standard of business and reputation.
 
It is true, that it stains the reputation of the business by falsifying its true income to evade tax. The busenss managers tap their very own accountant to divert legit to non-factual income of the buses. They are not afraid of the law, but once caught the price is penalty.
 
11,941Threads
92,349Messages
285Members
BorisKirwaLatest member
Top