International Taxation

International taxation refers to the rules and systems that determine how taxes are applied to individuals and businesses operating across national borders. It addresses the complexities of where taxes are owed, which can depend on residency, the source of income, and existing treaties between countries. Countries aim to avoid double taxation, where a taxpayer is taxed on the same income in multiple jurisdictions, and to prevent tax evasion. Understanding international taxation is crucial for global commerce, as it affects trade, investment, and the ability of governments to collect revenue fairly and efficiently across borders.