International Corporate Taxation

International corporate taxation refers to how governments tax corporations that operate in multiple countries. It involves rules and agreements that determine where a company's profits are taxed, often to avoid double taxation—where the same income is taxed in multiple countries. Companies must navigate different tax laws and rates, aiming to minimize their tax burden while complying with regulations. It includes issues like transfer pricing, where companies set prices for transactions between their subsidiaries in different countries. Effective international taxation aims to balance fair taxation with promoting business investment and economic growth.