Cash-strapped governments eye up international businesses generating revenue in their own jurisdictions and want a slice of the action. Yet, as these companies grow, competition between governments is becoming fierce as each tries to entice these businesses to domicile themselves within their economies. Meanwhile, cross-border business is at a real risk of suffering double taxation as tax authorities take unilateral action. Companies are going to need to be nimble to respond to these changes and not assume that they will go away any time soon. How will they respond?
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