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Specialties - International Taxation of Trust Income: Principles, Planning and Design (Cambridge Tax Law Series)

Description

Book Synopsis: In International Taxation of Trust Income, Mark Brabazon establishes the study of international taxation of trust income as a globally coherent subject. Covering the international tax settings of Australia, New Zealand, the UK, and the US, and their taxation of grantors/settlors, beneficiaries, trusts, and trust distributions, the book identifies a set of principles and corresponding tax settings that countries may apply to cross-border income derived by, through, or from a trust. It also identifies international mismatches between tax settings and purely domestic design irregularities that cause anomalous double- or non-taxation, and proposes an approach to tax design that recognises the policy functions (including anti-avoidance) of particular rules, the relative priority of different tax claims, the fiscal sovereignty of each country, and the respective roles of national laws and tax treaties. Finally, the book includes consideration of BEPS reforms, including the transparent entity clause of the OECD Model Tax Treaty.

Details

Looking to gain a comprehensive understanding of international taxation of trust income? Look no further than the groundbreaking book, International Taxation of Trust Income. Authored by Mark Brabazon, this book delves deep into the complexities of taxation laws across Australia, New Zealand, the UK, and the US. Gain insights into the taxation of grantors, beneficiaries, trusts, and trust distributions on a global scale.

Unravel the intricacies of international tax systems and discover the principles that countries can adopt to ensure fair cross-border taxation of trust income. Learn how to navigate through international mismatches and design irregularities that may lead to tax discrepancies. Mark Brabazon offers a structured approach to tax design that aligns with policy objectives, anti-avoidance measures, and fiscal sovereignty.

If you seek a guide that not only explains the nuances of international tax laws but also provides in-depth analysis and proposals for reform, International Taxation of Trust Income is the must-have resource for tax professionals, academics, and policymakers alike. Stay ahead of the curve with this essential addition to the Cambridge Tax Law Series.

Ready to expand your knowledge and expertise in international tax matters? Purchase your copy of International Taxation of Trust Income now!

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