Base Erosion and Profit Shifting (BEPS) refers to tax planning strategies that exploit gaps and mismatches in tax rules to artificially shift profits to low or no-tax locations, thereby eroding the tax base of high-tax jurisdictions.
An in-depth analysis of Double Taxation Agreements, their types, key events, importance, and implications in international taxation.
A U.S. tax credit for taxes paid to foreign governments designed to reduce double taxation.
An in-depth exploration of Global Intangible Low-Taxed Income (GILTI), a provision of the U.S. tax code that targets the income of Controlled Foreign Corporations (CFCs). Learn about its historical context, implications, and detailed mechanics.
An extensive guide to the concept, importance, and management of Overseas-Income Taxation, including historical context, key events, and practical applications.
An in-depth exploration of the term 'resident' for tax purposes in the United Kingdom, including qualifications, implications, historical context, and related considerations.
Thin Capitalization refers to a financial arrangement where a company is heavily financed through debt rather than equity, often for tax advantages. This article explores its historical context, implications, key events, and regulatory measures.
Comprehensive Overview of Withholding Tax - From Definitions to Practical Applications
An in-depth exploration of the worldwide taxation system where residents are taxed on their global income, including historical context, key events, detailed explanations, and more.
Double taxation refers to income taxes paid twice on the same income source. It occurs when income is taxed at both the corporate and personal level, or by two nations.
