The book provides a clear introduction to international taxation and presents its material in a global context, explaining policy, legal issues and planning points central to taxation issues, primarily from the viewpoint of a multinational group of companies. It uses examples and diagrams throughout to aid the reader's understanding and offers more in-depth material on many important areas of the subject.
Traditionally published every 2 years in both print and digital formats, this content is a core requirement for student reading lists at both undergraduate and post graduate level.
Fully updated to cover all new tax legislation and developments in light of the OECD BEPS project implementation, key areas to be included in this new edition are:
- changes proposed by BEPS 2.0 in relation to taxation and the digital economy, including Pillar Two and the proposed new UN Model Article 12B; - further progress on the implantation of OECD Base Erosion and Profit Shifting implementation, including: -- an update on the implementation of BEPS recommendations including artificial avoidance of permanent establishment status and prevention of treaty abuse; -- the implementation of transfer pricing documentation and country-by-country reporting; -- multilateral instrument implementation; - the impact of Covid-19 on international taxation; - further developments in European direct taxation including the transparency package, directives on anti-tax avoidance and the common corporate tax base and state aid cases (Apple in particular) and updates to the Directive on Administrative Cooperation, and the new communication on Business Taxation for the 21st Century. - Proposals in relation to the taxation of digital business, in particular the OECD's unified approach and the UN modifications to the Model Double Taxation Convention. - Proposals for a global minimum corporate tax rate to curb base erosion and tax competition.
Read an extract of Principles of International Taxation
Table of Contents
Chapter 1 Introduction to Taxation Chapter 2 Introduction to International Taxation Chapter 3 The Right to Tax Individuals Chapter 4 The Right to Tax Companies Chapter 5 The Double Tax Problem Chapter 6 Double Tax Relief in Practice Chapter 7 Double Tax Treaties Chapter 8 Internationally Mobile Employees Chapter 9 Permanent Establishments Chapter 10 Taxation of Cross-border Services Chapter 11 Introduction to Tax Havens Chapter 12 Foreign Expansion: Structure and Location Chapter 13 Finance and Treasury Management Chapter 14 Transfer Pricing Practice Chapter 15 Transfer Pricing Administration Chapter 16 Tax Avoidance, BEPS and beyond Chapter 17 Anti-avoidance rules: Structure Chapter 18 Anti-avoidance rules: Finance Chapter 19 Improper Use of Treaties Chapter 20 European Corporation Tax Issues Chapter 21 Indirect Taxes Chapter 22 Tackling Tax Evasion Chapter 23 Tax and Development Appendix Articles of the OECD Model Tax Convention on Income and Capital