OnlineITA106 Business Profits

After completing this course you will be able to:

• Recognize the importance of business profits articles in tax treaties to the attribution of taxation rights on cross-border business activities
• Identify the differences between the business profits articles in the OECD and the UN Models
• Fully grasp the various approaches states may take in attributing profits to permanent establishments
• Identify the areas of potential difficulty in connection with the treatment of internal dealings between PEs and other parts of the enterprise
• Distinguish recent developments with respect to the attribution of profits to PEs

Introductory

This course introduces the tax treaty rules applicable to business profits. Participants should be familiar with the basic principles of tax treaties in addition to the domestic law of at least one country, in particular as it relates to the taxation of cross-border income, and should be familiar with the permanent establishment concept. Participants, particularly those with limited knowledge of tax treaties, are recommended to first complete the course ITA101 "Fundamentals of Tax Treaties” and ITA103 “Permanent Establishments”.

 

• Audio lessons: 3 hrs 15 mins
• Self study: 4 hrs 
• Further reading (optional): 39 hrs
• Extra: 40 min video interview with international tax expert, Philip Baker QC

Access to the course is granted for a period of 8 weeks.

Continuing Professional Education (CPE)

The recommended CPE points for this course are as follows: 

• CIOT (The UK Chartered Institute of Taxation) – 8 points
  
• NASBA (The National Association of State Boards of Accountancy, US) – 7 points

The IBFD ITA is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State board of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site: www.nasba.org.

In addition, ITA Online courses in many cases qualify for CPE credits pursuant to the rules of a number of professional associations other than those listed above. Participants are encouraged to check with their professional and/or national associations to determine eligibility in this respect.

Read more information on CPE points and accreditation for ITA courses.

For more information regarding administrative policies such as complain and refund, please contact the International Tax Academy via email. Please note that once access to an online course has been granted, a refund will no longer be possible.

Order this course now by selecting 'Register Online' above.