Page 5 - Strategic Tax Planning for Global Commerce & Investment
P. 5
TABLE OF CONTENTS
I. Cross Border Tax Planning Strategies .......................... 1
Globalization and its Impact on Tax Planning ................................. 1
Impact of Tax Strategy and Planning on Shareholder Value ........ 3
Sources of Cross-Border Tax Principles ............................................. 4
1. Domestic Tax Rules ..................................................................... 4
2. International Double Taxation .................................................. 5
3. Double Tax Relief Methods........................................................ 5
4. Tax Treaties .................................................................................. 7
Taxation Systems Around the World ................................................. 8
1. Worldwide Taxation System ..................................................... 8
2. Territorial Taxation System........................................................ 8
3. Resident versus Non-Resident .................................................. 9
Source of Income .................................................................................. 10
Benchmarking and Tax Rate Drivers................................................ 11
1. Financial Profit Drivers ............................................................ 11
2. Functional Profit Drivers .......................................................... 12
Tax Planning Strategies ....................................................................... 13
