Benjamin Franklin, one of the founding fathers of the United States, is reported to have said, “In this world nothing can be said to be certain, except death and taxes.”
This statement couldn’t be more true today. The recent row over Google, Apple, and now Facebook’s tax deals in Europe is reinforcing the dogged certainty of taxes and their challenges to big businesses.
Corporate taxation has always been a vexing concern for both businesses and governments. This is because it is often driven by different and frequently divergent interests. While businesses are profit driven, governments pursue social welfare.
Businesses and governments are often driven by different and frequently divergent interests.
