EMPEROR'S INTERNATIONAL LAW ON PARENT ORGS TAX RECORD POLICY~APPROVED !!! (28/05/2023)

THE KING OF KINGS (THE EMPEROR) OBSERVED IF AN INDIVIDUAL OR GROUP OF INDIVIDUALS ARE LEADING A CORPORATE GROUP OR AN UMBRELLA ORGANIZATION / PARENT ORGANIZATION IN SUCH CASE DUE TO MULTI TASKING IF SOME PROJECTS ARE NOT FULLY ACTIVATED~ IT IS A UNNECESSARY HASSLE TO DEAL WITH REVENUE DEPARTMENT. SO EMPEROR BELIEVE IF AN UMBRELLA ORGANIZATION HAS A TAX RECORD OR TAX NUMBER THEN THEY MAY ONLY INFORM TAX OFFICE REGARDING THEIR ACTIVE SUBSIDIARIES THAT ARE GENERATING REVENUE. IN SUCH CASE SEPARATE BALANCE SHEET AND P& L ~ A/C (PROFIT AND LOSS ACCOUNT) MAY BE MAINTAINED YEARLY BASIS FOR ORGANIZATIONAL RECORD SEPARTELY FOR SUBSIDIARIES FOR THE REVENUE DEPARTMENT WHILE FILING TAX DETAILS IF AN ORGANIZATION DOESN'T HAVE TAX EXEMPTION AND IF AN ORGANIZATION DOESN'T HAVE A CHARITY STATUS .

THIS INTERNATIONAL LAW INITIALLY APPROVED AT FEDERAL LEVEL. THE NEWLY APPROVED LAW WILL BE ALSO RATIFIED LATER ON BY ALL NATIONAL GOVERNMENTS ALSO BEFORE ENACTING INTO LEGAL SYSTEM TO BE FULLY ENFORCED BY ALL NATIONAL AND INTERNATIONAL AUTHORITIES WORLDWIDE IN THE NEAR FUTURE TIME.

*FOR MORE INFORMATION ABOUT ~ '' FEDERAL GOVERNMENT OF COMMONWEALTH '' VISIT OUR SHARED WEBLINK BELOW :

https://www.theworldleadersforum.international/post/about~-federation-govt-of-commonwealth ;