Governments around the world seek to establish efficient and economically sound tax systems to raise revenues for government services for their citizens.
Countries also work to create and increase economic value to enhance national welfare. Governments create tax incentives to sustain technological innovation as well as attract foreign direct investment. As global markets become increasingly competitive, countries also pursue tax policies and practices designed to ensure their citizens and companies compete effectively.
IBM supports tax policies around the world based on these general principles. Many countries, including the U.S., are pursuing tax reform to reduce complexity and enhance the competitiveness of their economies. We support expansion of the network of bilateral income tax treaties that reduce barriers to cross-border investment and eliminate double taxation. IBM Government Affairs partners closely with the IBM’s Global Tax managers and IBM business units on global tax policies regulations and practices that may affect IBM’s business model.