Territorial tax system

How does the Taliban make money?

Taliban militants The Taliban are considered one of the richest insurgent groups in the world, and after two decades of fighting against US and partner forces, the militants now control Afghanistan. So how does the Taliban support each other? How rich are the Taliban? The Taliban ruled Afghanistan from 1996 …

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The Space Law Review: Taxation

This article is an excerpt from The Space Law Review – Edition 2. Click here for the complete guide. INTRODUCTION For companies in the space industry, taxation is an important factor in determining where to locate. This chapter examines the basic conceptual framework relating to the direct taxation of space …

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Reminder of inversions – AAF

Summary The US tax code became increasingly less competitive from the late 1980s, leading to a series of expatriations or business reversals, in which businesses reorganized abroad to escape the tax system. American. This phenomenon largely ceased following the enactment of the Tax Cuts and Jobs Act (TCJA) in 2017; …

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Territorial tax systems in Europe, 2021

In a territorial tax system, multinational companies mainly pay taxes to the countries in which they are physically located and earn their income. This means that territorial tax regimes generally do not tax corporate income in foreign countries. On the flip side, a global tax system, such as the system …

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