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A government is providing businesses with a tax benefit if they source their electricity through renewable energy sources - HSC - SSCE Business Studies - Question 6 - 2024 - Paper 1
Question 6
A government is providing businesses with a tax benefit if they source their electricity through renewable energy sources. The most likely reason for offering this ... show full transcript
Worked Solution & Example Answer:A government is providing businesses with a tax benefit if they source their electricity through renewable energy sources - HSC - SSCE Business Studies - Question 6 - 2024 - Paper 1
Step 1
The most likely reason for offering this tax benefit is to
Answer
The most appropriate answer is D: encourage businesses to be more environmentally sustainable.
This answer aligns with the government's initiative to promote renewable energy sources. By providing tax benefits, the government incentivizes businesses to adopt environmentally friendly practices, thereby reducing carbon footprints and supporting sustainable development. The other options, while relevant in different contexts, do not directly correlate with the primary aim of promoting renewable energy.