The impact of tax license on small and medium enterprises

The article analyzes the introduction of a tax license. It also determines the impact these changes have on the economic results of small and medium enterprises. The analysis focuses mainly on the changes in the legislation concerning the content that affect taxation of economic results of enterprises in question. Changes in tax legislation usually influence either the height of tax levies or the mechanism of their calculation and subsequent payment. This in both cases impacts the final economic results of enterprises. The analysis also looks into the quantity of legislative changes concerning taxation within the specified time period. This can also impact enterprises' economic results, both positively and negatively.