The 20 essential concepts to master in international taxation
- eastDouble taxation: Double taxation occurs when the same income is taxed twice, once in the country of origin and once in the country of residence. Countries have agreements in place to avoid double taxation.
- eastDouble taxation agreements: Double taxation agreements are international treaties that establish rules to avoid double taxation and prevent tax evasion.
- eastInternational tax regime: The international tax system is a set of rules and conventions governing tax relations between countries.
- eastIncome tax: Income tax is a tax levied on the income of individuals and companies.
- eastProperty tax: Property tax is a tax levied on the ownership of real estate and personal property.
- eastInheritance tax: Inheritance tax is a tax that is levied on property that passes following a death.
- eastGift tax: The gift tax is a tax levied on donations made to non-profit organizations.
- eastCorporate tax system : The corporate tax system is a set of rules governing tax relations between companies and countries.
- eastPersonal tax system : The personal income tax system is a set of rules governing tax relations between individuals and countries.
- eastProperty tax system : The property tax system is a set of rules governing tax relations between property and countries.
- eastTaxation of services: The services tax system is a set of rules governing tax relations between services and countries.
- eastTrade tax system : The trade tax system is a set of rules governing tax relations between countries and trade.
- eastInvestment tax regime : The investment tax system is a set of rules governing tax relations between investments and countries.
- eastPension tax system : The pension tax system is a set of rules governing the tax relationship between pensions and countries.
- eastWealth tax system : The wealth tax regime is a set of rules governing the fiscal relationship between wealth taxes and countries.
- eastInheritance tax system : The inheritance tax system is a set of rules governing the tax relationship between inheritance taxes and countries.
- eastGift tax system : The gift tax system is a set of rules governing the fiscal relationship between gift taxes and countries.
- eastService tax system : The service tax system is a set of rules governing the tax relationship between service taxes and countries.
- eastTrade tax system : The trade tax system is a set of rules governing the tax relationship between trade taxes and countries.
- eastInvestment tax system : The investment tax system is a set of rules governing the tax relationship between investment taxes and countries.
These concepts are essential for understanding international tax rules and treaties, and for effective tax planning.