The Scholarly Journal Great Opportunity “tax Review”
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Justification Report
TO: Serge Smith, Managing Director
FROM: Tawanda Bryant
DATE: January 19, 2012
SUBJECT: The Scholarly Journal Great Opportunity “Tax Review”
To Whom It May Concern:
The Finance Department of our company that I have an honor of leading would like to subscribe to the specialized journal called “Tax Review” as soon as possible. This concern is shared by the entire staffing of my department. I think that this tool will certainly contribute to strengthening its analysis capacity in the fiscal issues. The reasons behind my approach are as followed.
First, subscribing to the journal that informs you about the regular latest tax issues is now- a- days an essential need for a company our size. Remembering the consequences of the non- reversal depreciation provision on security value that we hold on “General Investments” the year of 2009. At times, you might remember that the depreciation provision on the security accounts enjoyed the tax exemption unit the year of 2008. In 2009, the law was amended and required the reinstatement of these provisions into the current year fiscal result. My department however was not aware of this new law. The Board of Directors was not accepted and was costing us a tax adjustment. The company life have had sad episodes, fully justifies that we have to subscribe to a specializing journal in the latest tax issues. No doubt that the error would have been avoided if we were subscribed to this kind of journal.
Second, the journal natural is justifiable with the subscription. The “Fiscal Review” is indeed not a magazine. It is a weekly scholarly journal specializing in taxation, and fully written and animated by the best tax experts in our country, using the high style writing. It is the only specialized journal of this kind in the country. The accuracy of their analysis and information resulted in the editorial line which is the primarily guide for their professionalism. Every year, the new additions are incorporated in our tax law and this journal is the only canal to have credible information on time. This constitutes and added value to the company. Each employee of my department will have a clear idea of tax rules and in force in our country provided by the working tools.
Thirdly, in favor of militating of this journal that also appears online. Everyone in our company is aware of the difficulties we have to keep our papers archives as of today. Having access to online journals will allow us to keep the valuable information gathered on electronic supports, easier to manage and use. In addition, information is more likely readily available, thus avoiding the delay associated with the distribution of the