What are business activities? Business activities include any activity in which a business engages with the primary purpose of making a profit. It is a general term that encompasses all the economic activities carried out by a company within the framework of its activities. Business activities, including operating, investing andRead More →

DEFINITION of the Business Continuity Doctrine The going concern doctrine is a tax principle applicable to corporate mergers and acquisitions. The doctrine maintains that, to qualify as a tax-deferred reorganization, the acquiring entity must either continue the historical activity of the target company or use a substantial part of theRead More →