A Record Tax Payment in Germany by TESUP

Taxes are mandatory contributions levied on individuals or corporations by a government entity—whether local, regional, or national. Tax is collected by the governments as a fund for public works, services and operation of the government.The tax collected is used to build infrastructure for the country. Roads, telephones, electricity and so on are regarded as infrastructure.

 

Governments impose charges on businesses as a means of raising revenue. Taxes are the main source of meeting demands by the governments. Paying taxes, businesses flourish in the country. When the businesses pay taxes they put up money for development and economic activity throughout the country. The more taxes are paid, the more quality of life people receive. If there is a market for businesses for their products, businesses will flourish. Taxes are a means of raising the standard of living in a country. The higher the taxes, the stronger the level of consumption appears.

 

Tesup’s sale number and volume is raising everyday, consequently the taxes we pay also raising. TESUP reached her record sales tax payment to German Authorities in September 2022. We hope that we can access this record every month. We are so happy that we can contribute to the world we live in.