There is a correlation between the nature of transformations in business process and key tax issues arising Graham and Heiselmann (1999). “With any major change in business conduct, consideration should be given to key direct and indirect tax issues such as: Taxes on Income, at national and local level; International tax, including foreign and controlled foreign company taxation and withholding taxes; Capital gains, e.g., on intellectual property rights or goodwill; VAT and Sales & Use taxes; property taxes; Customs and Excise duties; and Stamp and transfer taxes.”