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Finance
Iwanami Shinsho / Flattening income taxes, lowering corporate tax rates, tax avoidance through the use of tax havens. With the rise of GAFA and other large multinational corporations, the "tax competition" is becoming increasingly complicated and fierce. In order to understand and counter this ingenious mechanism, the international community including the EU countries is searching for a new "taxation sovereignty" which is different from the conventional national tax system.