Sunday 9 May 2021

Tax distribution based on Network of Entities involved in Sourcing raw materials, Product developed, shopping, packaging, shortage, warehouse, Distribution, transportation mode and delivery

Any product that is developed involves multiple steps of production. The step could start from farming, mining, raw material sourcing, transformation, product development, packaging, storage or warehouse, shipping directly to retail customer or to distributors network. The network of Entities (physical or logical or online or virtual) could span multiple regions(County, city, district, State, union territory, country, association of country, continents).

In the interest of the regions involved in every step right from farming or mining or procuring to product manufacturing to product delivery network or sales network  should ensure that every Regions tax laws are honoured.  The law also has to be explicitly detail out the taxation value based on parameters (variables, inflation, depreciation) that could be based on physical locations (they all could be in different regions) of the entities involved in all these steps, the transportation network path, transportation mode, and the physical locations of the retail customer or distributors involved.

Such a clear understanding or stated or distribution of taxation across the regions involved enables best practice, reduces decent, overcomes politics, ensures every Governmental interest right from counties, City, District, State, Union territory, Countries, Association of countries, all way to Continents and planets. Thus it brings business clarity and every stake holder involved is happy. 🙂😀👍😀😃😄😆🤗🙂😊☺️

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