Arises Quote by Mo Ibrahim
“Business is global. Countries need to react to that; taxes need to be paid where profit arises.”
About This Quote
Source Speech: World Economic Forum, 2015
Global business requires tax policies that align with where profits are generated, ensuring fairness.
In simple terms: Tax where profit is earned.
Align taxes with profit locations.
Themes
Mood
Type
When to use this quote
- multinational operations
- government policy
- investment decisions
Key Concepts
Questions to Reflect On
- How can nations coordinate tax standards?
- What challenges arise for multinational firms?
Implementation varies by jurisdiction.