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Nov. 4--Gaining and maintaining a competitive advantage is crucial to survival in today's economic and business environments. While many organisations are open to adapting methodologies such as Six Sigma or Balanced Scorecard, they too often overlook the considerable impact that taxes can have on their companies.
Over the past two years, the Revenue Department has made important advances in its policies, methods, structure and personnel. To maintain competitiveness, savvy organisations must be aware of such progress and its effects.
In the past, there was a limited number of revenue officers, only a small number of tax assessment cases were conducted and ...