International Taxation

Multinational corporations are faced with numerous cross boarder legal framework and one of those that are very pertinent to their operation is the international tax laws. Firms therefore make decisions while considering the tax implication on their final income both within and cross border trade. As a newly appointed manager for a multinational firm operating in over four countries, you have been requested to make a presentation on the following topical areas; 1. Why governments do tax foreign source income 2. The principles of a good tax system 3. Discuss the meaning of international taxation, approaches to taxation and the relevance of international tax planning to a multinational firm. 4. The different approaches countries may adopt as measure to double taxation. 5. The tax challenges that multinational firms are likely to face