Last edited by Gurg
Wednesday, August 12, 2020 | History

3 edition of International taxation of cross-border leasing income found in the catalog.

International taxation of cross-border leasing income

by Amar Mehta

  • 233 Want to read
  • 6 Currently reading

Published by IBFD Publications in Amsterdam .
Written in English

    Subjects:
  • Industrial equipment leases -- Taxation.,
  • Double taxation.

  • Edition Notes

    StatementAmar Mehta.
    ContributionsInternational Bureau of Fiscal Documentation.
    Classifications
    LC ClassificationsK4532.L43 M44 2005
    The Physical Object
    Paginationxviii, 288 p. ;
    Number of Pages288
    ID Numbers
    Open LibraryOL3462015M
    ISBN 109076078718
    LC Control Number2005419147
    OCLC/WorldCa57618160

      By definition, cross-border leasing is a leasing arrangement where lessor and lessee are situated in different countries – Because the agreement between parties involves two or more countries hence “cross-border”. Cross-border leasing is quite prominent in Europe. Also, beyond Europe, we can see Cross-border leasing between US, Canada. International Taxation and Cross-Border Banking Harry Huizinga, Johannes Voget, Wolf Wagner. NBER Working Paper No. Issued in October NBER Program(s):Public Economics This paper examines empirically how international taxation affects the volume and pricing of cross-border banking activities for a sample of banks in 38 countries over the period.

    It did this by introducing a new minimum tax on Global Low Tax Intangible Income (GILTI) at percent beginning in , increasing to percent in The GILTI rate remains below the 21 percent US corporate rate and the rate in other countries in the G7 (which ranges from 19 percent in the United Kingdom to 34 percent in France). Taxation of Income from Domestic and Cross-border Collective Investment: A Qualitative and Quantitative Comparison ().pdf writen by Andreas Oestreicher, Markus Hammer: The Fund Reporting Cloud (R) has made tax reporting less complex, but comparing the effective tax treatment of investm.

      FDAP income is subject to a 30 percent withholding tax that is imposed on a foreign person’s gross income (subject to reduction or elimination by an applicable income tax treaty). 6 ECI is subject to tax on a net basis at the graduated tax rates generally applicable to U.S. persons. 7. Taxation of International Transportation Income, in General.   On Aug. 9, , the IRS issued proposed regulations (Proposed Regulations) addressing the U.S. federal income tax treatment of cross-border cloud transactions. The Proposed Regulations will not become effective until final rules are adopted. By way of background, the last time the IRS meaningfully addressed the taxation of cross-border digital content transfers was in October .


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International taxation of cross-border leasing income by Amar Mehta Download PDF EPUB FB2

International Taxation of Cross-Border Leasing Income Why this book. Over the last few decades, the volumes of leasing transactions have grown steadily as businesses have come to realize the tax advantages that come with the lease of assets as opposed to the conventional loan for financing asset : Get this from a library.

International taxation of cross-border leasing income. [Amar Mehta; International Bureau of Fiscal Documentation.] -- This book discusses the practical issues faced by the banks, financial institutions, companies engaging in leasing as a form of asset financing, and their tax advisers.

The book elaborately deals. International Taxation of Cross-Border Leasing Income [Mehta, Amar] on *FREE* shipping on qualifying offers. International Taxation of Cross-Border Leasing IncomeCited by: 1. International Taxation of Cross-Border Leasing Income by Amar Mehta,available at Book Depository with free delivery worldwide.

International leasing is a leasing organization where the lessor and the lessee are in different countries. This provides a significant additional issues concerning tax evasion and tax havens. International leasing is widely used in some European countries, to arbitrage the difference in tax laws of different jurisdictions, usually between a.

Taxing the leasing of movable assets causes significant practical problems already at the national tax level. Far more complicated taxation problems arise in the scope of cross-border transactions. Regarding the Organisation for Economic Co-operation and Development (OECD) Model Tax Convention on Income and on Capital (OECD Model Treaty), the contracting states have a broad.

International Taxation of Cross Border Leasing Income The Delicate Balance Arm’s Length Transaction Structures - Recognizing and restructuring controlled transactions in transfer pricing. Cross-border Leasing: Cross-border leasing is often used for financing the purchase of high-value assets (also called “big ticket” leasing).

It provides the lessee with tax-efficient financing to acquire an asset through a lessor, who effectively passes the tax benefits on the leased asset to.

Taxation of cross-border mergers and acquisitions | a Taxation of cross-border mergers and acquisitions both broad reform of the international tax rules and the targeted approaches is likely to continue, with the timing and also released an updated version of the US model income tax treaty (the ‘ Model’) that includes provisions to.

This consists of $15 from the Irish tax on GILTI income (80 percent of × $) and the full $ of Irish tax on interest income. So, overall, the US company pays $ of tax to Ireland and an additional $ to the United States ($ less the $ foreign tax credit) for a total tax liability of $ Companies with leases that span different international jurisdictions should verify how various foreign income taxes are calculated.

Some countries, for example, require that income tax calculations follow the book b of accounting. Others may calculate income tax based off of statutory accounting income.

About the Diploma in International Taxation: Tax laws in India are becoming more and more complex. Globalization of economies, signing and review of free trade agreements, increase in the number of cross border transactions, mergers, acquisitions, tax treaties, transfer pricing etc.

have added to these complexities. Registrant must choose between the msot advantageous discount option. Only one discount is available at the time a registration is made. Background: Nowadays, cross-border trade in services now exceeds trade in goods.

Rules for taxation of income from cross-border services, however, are less developed than the rules for cross-border trade in goods. Cross-border leasing is a leasing arrangement where lessor and lessee are situated in different countries. This presents significant additional issues related to tax avoidance and tax shelters.

Cross-border leasing has been widely used in some European countries, to arbitrage the difference in the tax laws of different jurisdictions, usually between a European country and the United States.

Cross-border tax leasing may have significant applications in financing infrastructure development in emerging nations -- such as rail and air transport equipment, telephone and telecommunications equipment, and assets incorporated into power generation and distribution systems and other projects that have predictable revenue streams.

Cross-Border Tax Lease Objectives. The taxation of cross-border services has become a major issue in international tax design, plaguing all countries but especially certain lower-income states, and it is the subject of this published doctoral thesis.

Pragmatic proposals for redesigning underlying domestic tax laws and tax treaty overlays are proliferating, but their adoption has. Taxation of cross-border M&As Taxation of cross-border M&As. Global M&A transactions lost some ground during when compared with 's activity but we expect deal-making to regain some momentum in dealt with separately from any cross border lease.

Value added taxes: Another tax to consider when leasing M&E in Mexico, is the value added tax (VAT) that is also triggered from leasing activities. There are two different tax rates when it comes to VAT, Guidance Note on Report Under Section 92E of The Income-Tax Act, (Transfer Pricing) (Revised ) Cross Border Transactions and Investments () Taxation of Non-Residents - REVISED () Technical Guide on Expatriates Taxation - (Revised ) Aspects of International Taxation - A Study (Revised ).

Adam Halpern is the chair of the tax group at Fenwick & West. His practice focuses on the US federal income taxation of international transactions. He regularly advises on the taxation of cross-border operations, acquisitions, dispositions and restructurings. He has successfully represented clients in federal tax controversies at all levels.

for cross-border deals. The changes include a shift from a system of worldwide taxation with deferral to a hybrid territorial system, featuring a dividend exemption regime with current taxation of certain foreign income, a minimum tax on low-taxed foreign earnings, and new measures to deter base erosion and promote US production.Linda Field began working at Cross Border Tax & Accounting in and has been a tax manager since She specializes in helping clients prepare individual taxes in both the U.S.

and Canada and helps clients solve cross-border tax compliance issues. Linda also prepares U.S. Partnership, Corporate, Trust, Estate and Gift Taxes.raised by the evolving nature of cross-border enterprise services are also considered. 1. Source of Services Income and Nexus for Taxation Overview As explained in greater detail in sectionthe United States treats income from services performed in the United States as US-source income.

In general, a foreign.