In 2019, President Donald Trump created outrage when he decided to lower the tax rates of corporations. Donald Trump was...
We live in a capitalist world today. This is the era of multinational corporations. Today, there are many companies that...
Corporate taxes form a significant portion of the expenses borne by multinational corporations. These corporations are almost obsessed with efficiency....
Taxes can be classified based on which class of the population pays the most. The purpose of taxation is to...
Governments all over the world generally levy graduated taxes on their population. This means that as the income being taxed...
Many students often find tax policy confusing. This is probably because it uses complex terms. The tax base is one...
In the previous article, we discussed about how tax base calculations work. However, tax base calculations are just one part...
Before the advent of globalization, every country in the world was working in a vacuum when it came to taxes....
Proponents of the free market generally believe that competition is good for the economy. They argue in favor of the...
The modern world is globalized. This means that free movement of goods, services, people as well as capital is allowed...
In the previous article, we have studied the concepts of the tax base and tax rate individually. Now, it is...
America has been the hub of financial and entrepreneurial activity ever since the end of World War 2. However, over...
The continuous inflow of capital is vital for any economy to grow in the long run. This inflow of cash...
Most multinational companies registered in America have business interests outside of the United States. Since the United States has a...
Amazon and Netflix are two of the most profitable firms in the entire world. For instance, last year, Amazon alone...
Corporate income tax is collected when there is corporate income i.e. when the revenue collected by the corporation exceeds the...
There are few issues which strike through the heart of communists in China and capitalists in America similarly. One such...