Tax policy

In designing a tax system, a Government needs to ensure that it maintains its revenue base while providing a favourable climate for business and investment. That principle also applies to international investment and the taxation of transnational corporations (TNCs), which is the subject of the present chapter. The adoption of different tax systems by Governments may result in the imposition of conflicting tax assessments on TNCs for the same transactions. Ultimately, it can result in double taxation. Both Governments and enterprises therefore have a common interest in devising workable solutions to these issues.

Sustainable Development Goals:

Decent Work and Economic Growth