This title 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.
As well as practitioners who are less familiar with international taxation principles, this title is also used as a core text by many undergraduate and post graduate students studying business degrees. It is also widely used by those studying for the CIOT Advanced Diploma in International Taxation.
Business is increasingly carried on a global scale and as such an understanding of how international taxation works is very useful for in house finance teams as well as their advisers.
The 9th edition is again fully updated to cover important regulatory and legislative developments, including those in light of the ongoing OECD BEPS project implementation. Other key developments include:
Progress towards a global minimum corporate tax rate to curb base erosion and tax competition (Pillar 2), eg OECD implementation framework and UK draft legislation New crypto asset reporting framework released by OECD. Ongoing impact of Covid-19 on international taxation Progress in relation to tackling tax evasion now that country by country reporting is bedding in. Further developments in European direct taxation including the debt-equity bias reduction allowance (DEBRA) and new Directive to prevent the misuse of shell entities.
The updating is done by Lynne Oats, Professor of Taxation and Accounting, University of Exeter Business School, and formerly Deputy Director of the Tax Administration Research. She has managed this project since it's inception.
Read an extract of Principles of International Taxation
Table of Contents
Preface 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: The 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