Global Trends in Business Taxes
Business taxes are a key factor for companies when planning future investment strategies. A low business tax environment encourages foreign direct investments, creates jobs and means high profit margins for companies. Since the global financial crisis, many developed countries lowered their business taxes in order to relieve burdens placed on businesses by unemployment rates. Emerging markets, on the other hand, tend to have higher business tax rates to bring in more funds to the government. As a result, these countries often miss important foreign investment.
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