There are various taxation methods used by countries around the world. That is part of the reason why generalization is usually complex and difficult. There are specific rules and policies applied in certain countries that may not necessarily be applicable to others. This makes the system even more complicated as it is. There are thousands accounting concepts one in the international board has to be aware of; different methods of computation must also be put into consideration as well. Accounts on financial statements which are not broadly recognized in international taxation have to have their amounts converted in the best possible way.
Taxes are imposed on residents of a particular nation who are earning their incomes. Regardless of whether you are employed by an establishment or working as a self-employee, you will still have to pay the specific amount of your income that is required to the government. It's basically your contribution as a citizen of the country that you are residing in. The same is true for those who are constantly engaging in business operations. They will have to pay their dues as well. For organizations that earn profits and corporations that earn even more in shares, they will also have to play a part in proper international taxation methods. Commercial organizations are not exempted from the rules too. Basically every employee and business establishment in a particular territory has to be subjected to this rule. Foreign corporations that engage in business transactions with local ones will have to be subjected to the international rules of tax. This is how everything should work as much as possible. This will ensure the best and the biggest possible profits to an industry and the country that it belongs in.
To get a proper understanding of this you need to gather as much information as you can about tax. If you want to be really good at it then you can study foreign methods of taxation as well as international business law. This is true to all the countries you are thinking of making a living in. You need to focus on international rules and policies and how they apply your territory. Once you get wind of how everything works then you will be able to devise the best possible strategy to adjust your accounts to the financial taxation methods being used. This will allow maximum profits to be obtained by your business. If ever you are looking for fatca attorneys, you may access the link to look for them.