Introduction

This topic will hopefully provide the chance to examine a difficult challenge facing all countries and governments following the rise of globalisation. The implications of the problems within the corporation tax system has far reaching implications for a wide range of government activities, for example funding for security, defence, health services and many other public entities. Which if not functioning correctly cause suffering. The impact of problems within Corporate Taxation also includes placing extra financial burden on those who do not take advantage of the current legal framework surrounding corporate taxation. A correctly functioning corporate taxation system may enable some developing economies to become less dependent on aid and help ensure self-governance in a sustainable way. The aim research is to provide some discussion around possible improvements that may be made to improve the global functionality of the corporate taxation system.