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Essay Details:
Essay text:
259).
The purpose of this paper is to examine the merit of three basic systems, which is exemption system, credit system and deduction system. These systems are dealings with the essence of tax relief from international double taxation.
A discussion of various countries on their practices on tax relief system and the rationale for using the system will be presented, followed by an analysis of the most advantages system to taxpayers. Finally identifies the system that most preferred by countries and the justification for adopted such system.
Systems adopted by countries to ameliorate the burden of International Double Taxation
Double taxation is always considered to be one of the most important issues in international taxation...
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