Target Co is a large transport company. In the previous financial year, it billed one of its customers $ 1,500 for services that it had provided. Target Co has recently discovered that the client is experiencing financial distress and will not be able to pay its bill.
What action should Target Co take from a tax perspective? (Maximum 250 words)

Answer rating: 100% (QA)

ANSWER Tax planning is the analysis of a financial situation or plans to ensure that all elements wo... View the full answer