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Tax dodging generally involves companies that are trading internationally artificially depressing their profits in the poorer countries where they operate to minimise their tax liabilities.
A quick show of hands revealed that only a handful of delegates currently export and no more than a dozen were looking to start trading internationally.
Their presence helps create an internationalised environment and context for learning and research – something highly valued by employers looking for globally aware graduates to fill posts in companies trading internationally.
Christian Aid estimates that, each year, tax dodging by multinational corporations and other businesses trading internationally deprives the developing world of at least $160bn in badly needed tax revenue.
This happens not just because they don't have the cash to employ lots of linguists like global companies do, but also because - without language skills - they are deterred from trading internationally.
Many of the delegates around the table already held a wealth of exporting expertise and several attendees were already trading internationally, exporting primarily into the Bric economies as well as into India and Africa.
Similar(52)
"It should not be traded internationally".
Any company that trades internationally is grown-up about exchange rate risk.
IPCC chairman, Dr Ragendra Pachauri wrote, "The quantity of electricity traded internationally is abysmally small.
The doctrines of liberalism from free trade internationally to open markets domestically became hegemonic.
In Iraq, it is hard to legally start a business, get credit or trade internationally.
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