International_Taxation_Basic Concept pptx

International taxation refers to the set of rules and principles governing the taxation of individuals, businesses, and entities that operate across international borders. It involves understanding how income is taxed when earned in different countries, the prevention of double taxation, and measures to curb tax avoidance. With globalization, businesses and individuals earn income across multiple countries. Governments establish international tax laws to ensure fair tax collection, prevent revenue loss, and maintain economic stability. International taxation plays a crucial role in global trade, investment, and financial transactions.

1. International Taxation: Basic Concepts Submitted to: Dr. Ansi Rahila, HOD, Department of Commerce Submitted by: Jayesh Raj, M.Com S3, Roll No. 8

2. Introduction • Definition of International Taxation • Importance and relevance in global trade • Objectives of international taxation

3. Key Concepts in International Taxation • Residence & Source Principle • Double Taxation: Meaning & Types • Tax Treaties & Agreements • Transfer Pricing: Concept & Need • OECD Model vs. UN Model of Taxation • GAAR (General Anti-Avoidance Rules)

4. Double Taxation Avoidance Agreements (DTAA) • Concept and need for DTAA • Unilateral and bilateral relief • Methods of eliminating double taxation

5. Transfer Pricing & BEPS (Base Erosion and Profit Shifting) • Definition & importance • Methods of determining arm’s length price • BEPS Action Plans by OECD

6. Tax Havens & International Tax Avoidance • Definition and examples • Measures taken by countries to curb tax evasion

7. Indian Perspective on International Taxation • Important sections of the Income Tax Act, 1961 • Taxation of NRIs and foreign companies in India

8. Recent Trends & Developments in International Taxation • Digital taxation & Equalization Levy • Global Minimum Corporate Tax • Role of G20 & OECD

9. Conclusion • Summary of key points • Importance of international tax laws in today’s world

10. Bibliography 1. Singhania. V.K: Direct Tax Planning and Management 2. Singhania. V.K: Direct Taxes Laws and Practices 3. E.A.Srinivas: Corporate Tax Planning 4. Mehrithra H.C: Direct Tax Planning 5. Kushal Kumar Agrawal: Direct Tax Planning and Management 6. Bhagavath Prasad: Direct Tax Law and Practice 7. Lakhotia R.N: Corporate Tax Planning 8. CA G. Sekar: Professional Guide to Tax Audit