Tax and Regulations Compliance
In his letter to Jean-Baptiste Leroy (November 13, 1789), Renaissance man and Founding Father Benjamin Franklin, with his characteristic wry wit, formulated one of the undeniable truths of human existence: “In this world nothing can be said to be certain, except death and taxes.” Ever since the Egyptians introduced the biennial tax over 5,000 years ago, rulers and governments have been collecting a variety of levies from their subjects and citizens, generating income that sustains the state. Originally, people conducting any sort of business paid appropriate dues as individual taxpayers. The concept of the corporation ...
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