Kaksoismaksu

Kaksoismaksu, also known as double taxation, refers to the situation where an individual or entity is subject to taxation on the same income or asset by two different jurisdictions. This can occur when a person or company operates in multiple countries or when there is a lack of tax treaties or agreements between countries. Double taxation can lead to increased tax burdens and financial strain for individuals and businesses.

To mitigate the effects of double taxation, many countries have signed tax treaties with each other. These treaties often include provisions such as the most favored nation clause, which ensures that the tax rates applied are at least as favorable as those granted to the most advantageous country, and the prevention of fiscal evasion clause, which aims to prevent tax avoidance strategies that exploit differences in tax laws.

However, despite these treaties, double taxation can still occur in certain situations, such as when a company's activities are not clearly defined or when there is a lack of cooperation between tax authorities. In such cases, individuals and businesses may seek the assistance of tax professionals or legal advisors to navigate the complexities of international taxation and minimize their tax liabilities.

In recent years, there has been a growing trend towards digital taxation, which aims to address the challenges of double taxation in the digital age. This includes proposals for a global digital tax, such as the OECD's Base Erosion and Profit Shifting (BEPS) project, which seeks to ensure that multinational corporations pay their fair share of taxes in the countries where they operate.