Module 3: International and European Tax Law

Overview

Customs and taxation overlap in many areas of international trade and this can affect commercial dealings on a day-to-day basis. This requires participants to recognise the tax implications during contractual dealings and to interpret and apply tax laws in awareness of commercial practice. Accordingly, this module introduces participants to the basic principles of taxation and then examines tax regimes at supranational and international level. Country-specific tax measures are also examined.

Contents

Introduction

  • Structure and principles
  • Areas of tax law
  • Relationship between tax and customs law

International Tax Law

  • Principles, terminology, institutions
  • Conventions and relationship with supranational and national laws
  • Double taxation, transfer pricing

European Tax Law

  • Principles, terminology, institutions
  • Instruments and case law
  • Value-added tax in Europe

Discussion Topics

  • Contemporary approach to taxation in light of international trade and commercial practice
  • Avoidance of double taxation
  • Interpretation and application of taxation rules to ensure compliance whilst reducing tax burden

Learning Outcomes

Participants will be able to:

  • understand the aims and functions of tax regulation and the interrelationship between national, supranational and international tax laws
  • gain a thorough knowledge of regulatory requirements, sanctions and remedies and communicate the same to management and relevant company departments
  • recognise the implications of tax regulation on commercial operations and develop strategies to comply with tax rules whilst reducing the tax debt