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Possibilities to write off debts without tax burden

Writer: Laila Kelmere
Laila Kelmere
3 days ago
1 min read

A company can choose to sell products or provide services and receive payment for them later, which means that the company has a debtor. If the debtor does not make payment on time, the company incurs additional costs related to debt recovery, and if the debt is not recovered, additional corporate income tax must be paid. How to successfully monitor debtors to avoid such a situation?


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