Business taxes are a key factor for companies when planning their future investment strategies. When business taxes are low, the environment encourages foreign direct investments, creates jobs and encourages 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.
Introducing Opportunity Minded, a new series from Euromonitor International designed for forward-thinking business leaders like you. Each episode tackles a strategic approach or topic on corporate agendas. You’ll hear from our experts who share in
