Countries reduce tax to attract more business
The planet is littered with hundreds of different nations and legal jurisdictions, each with its own peculiar set of tax rules.The businesses looks for gaps, opportunity and loopholes.Tax is big issues foe companies where they have to pay the taxes in higher rate.All the big expertise of the companies looks for , how best to arrange their affairs to minimise the total tax bill?. In this present era , where competition is high for the market and the companies undoubtedly under competitive pressure to reduce cost, and tax is a cost.in order to minimise cost , the company look for loophole to pay less tax.So they search for the countries where they can pay less tax.For example ,for a US or Asian company choosing to expand into Europe, or to consolidate their existing European businesses, this inevitably presented a lot of decisions about where exactly to locate t...