The importance of achieving Economic Incentives through the International Taxation.
In an increasingly globalized world, taxation has the imperative need to comply with international obligations and standards, such as the different treaties established with the intention of avoiding double taxation, as well as tax information exchange agreements..
These are important tools to prevent tax evasion and ensure a fair distribution of tax revenues collected among countries with agreements to strengthen international cooperation and promote a more equitable and transparent global economic environment../div>
This redistributive approach is vital for maintaining social cohesion and ensuring that all citizens have access to basic opportunities and services, regardless of their income level..
Taxes therefore allow governments to implement fiscal policies that can stimulate or cool the economy as needed. Among them, in an economic recession, governments can reduce taxes to increase consumption and investment..
Also, in periods of economic expansion, they can increase taxes to control inflation and prevent the economy from overheating. Through tax policy, governments can create incentives for certain economic activities.
By offering tax exemptions or credits to encourage investment in specific sectors, such as renewable energy or research and development, they can provide essential incentives to direct economic growth towards areas that are strategically important for sustainable development and global competitiveness.