How international companies manage taxation process?

[Good-Person]

There are many international companies out there that tend to work in different kinds of countries. Having said that, when you start a company in a different country, you are required to pay taxes. So, how do international companies manage the taxation process in different countries?

 

[Debashis]

International companies manage the taxation process in different countries by establishing subsidiaries, implementing transfer pricing strategies, utilizing tax treaties, conducting tax planning, and complying with local tax regulations. They often seek assistance from tax professionals and employ advanced technology to streamline the process and ensure compliance.