Globalization and the increasing trend in reduction of trade barriers have propelled businesses to capture growing levels of activity across borders. The range of such activities has been equally dispersed between the pursuit of new markets for products and services, and in the quest for more economical means of production and other value-added operational processes. The elimination of trade barriers by most nations reflects their unambiguous desire to attract competitive products and services, labor and technology from other nations to their economies. Furthermore, the reciprocity factor involved in these trends allows local enterprises to access new markets for the same components, validating the economics principle of comparative advantage. Taxation imposed by governments is included in these elements, and the competition created by such openness extends to the taxation placed by the governments to businesses and individuals. As nations battle for increased economic activity, capital, and technology, taxation has been an important tool to attract (or detract) businesses and financial capital to their dominion, thus fomenting growth and enhanced quality of life for their populations.