With the emergence of multinational companies, the international flow of people, goods, services and capital, there is a need to adjust international taxation. Regarding to (non) complexity of individual country tax systems, especially income tax, withholding tax and value added tax, each of these systems have affects in competitiveness on the global market, attracting foreign investment, but also becomes responsible for fairer, more honest taxation. Corporate taxation has a significant effect on the company's net profits when the same profits are taxed in different countries, especially in countries where the financial reporting is according to common law, apropos, they have a separate reporting financial accounting from the tax purposes. Taxation have a very important row in makeing strategic decisions by multinational companies.