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Business Review However, a cautious examination of these criticisms reveals that the authors consider taxes are unimportant to businesses and therefore dismiss the studies as merely being designed to advocate low taxes. Papke and Papke found that tax differentials amongst locations could additionally be an necessary business location issue, concluding that constantly high business taxes can symbolize a hindrance to the situation of trade. Interestingly, they use the identical sort of after-tax model utilized by Tannenwald , who reaches a different conclusion. Theoretically a VAT can avoid the economically damaging tax pyramiding impact. Newly fashioned companies, naturally, do not qualify…