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Which of the following policies can the government use to encourage entrepreneurship?

lowering the voting age

issuing trade embargoes

issuing tax credits

raising taxes

Verified Answer :

It would be issuing tax credits

annyksl

Answer:

issuing tax credits

Explanation:

Tax credit is a benefit so that companies can reduce the amount to be paid as a tax liability. This can be used as a government tactic to influence local entrepreneurship.

The tax credit corresponds to a deduction within the amount that the legal entity must pay to the State. The benefit is very much aimed at small and medium-sized companies, which obtain a reduction in the value of certain taxes. These taxes are calculated based on the organization's billing or the output volume of its products.

However, it is important to be alert: not all taxes or all companies are eligible to receive this state protection. To do so, it is necessary to follow some steps and obey some rules of the tax regime.