Approaches for Managing the Challenges of Cross-Border Taxation
Author : Dr. Rajkumar Nagarwal
Abstract :
Governments and multinational firms face formidable obstacles when it comes to cross-border taxes, which affect financial operations, compliance, and economic stability generally. Managing these problems is the emphasis of this study, which also delves into tax planning, compliance, risk management, and international collaboration as potential options. This article delves into the complexities of international tax legislation, shedding light on the significance of knowing one's way around tax treaties, transfer pricing restrictions, and digital taxes in today's interconnected world. Using technology advances and cooperative frameworks to tackle the intricacies of cross-border taxes, the research stresses the importance of a strong tax strategy that strikes a balance between operational efficiency and legal compliance. The goal of this strategy is to minimize risk and maximize tax optimization by all applicable local and international legislation.
Keywords :
International tax laws, tax treaties, digital taxation, multinational firms, tax strategy, cross-border taxes, risk management, compliance, and the global economy and international collaboration are all part of the bigger picture
