_____ 23. International tax treaties help to alleviate the potential of double taxation when companies have business facilities in several countries.

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International tax treaties are agreements between two or more countries to avoid double taxation of income and property. They limit the ability of a country to tax the profits of a foreign company if that company is already being taxed in another country. This helps to prevent double taxation and promotes international trade and investment.

_____ 23 International Tax Treaties Help to Alleviate the Potential of of Double