Part IV International Business Law, XXX International Tax Law

Subject(s):

International investment law — Debts — Exchange controls — Taxation — Goods

This chapter discusses the mechanisms of the international tax law, which covers the rules on taxation in cross-border contexts. National tax law reaches out to bases of taxation located abroad, if nationals or persons domiciled within the country earn income or hold assets in foreign territory. A State’s tax jurisdiction also extends to foreign persons who earn income or hold property within the State. Moreover, customary international law requires a personal or territorial link for exercising the jurisdiction to tax. The chapter considers the instruments regulating international tax law and the extents to which they might be applied; it also explores the other aspects of taxation, such as tax evasion or double taxation.