The Resource Income tax treaty aspects of nonincome taxes : the importance of residence

Income tax treaty aspects of nonincome taxes : the importance of residence

Label
Income tax treaty aspects of nonincome taxes : the importance of residence
Title
Income tax treaty aspects of nonincome taxes : the importance of residence
Creator
Subject
Language
eng
Summary
This article considers the residence-related income tax treaty aspects of nonincome taxes such as the retail sales tax, the value added tax, the flat tax, the X tax, the destination-based cash flow tax, and certain turnover taxes, and discusses the related treaty aspects of the concepts of tax, tax on income, comprehensive taxation, and nondiscrimination. The focus here is on the underappreciated conceptual and technical importance of tax residence in thinking about and applying tax treaties in the context of nonincome taxes. The article makes two main residence-related points. First, that the question of residence is a critical treaty gateway issue - that is, if the United States were to replace the existing income tax with a noncovered, nonincome tax, the affected U.S. taxpayers would cease to be U.S. residents for treaty purposes and as such would no longer be entitled to claim benefits under existing income tax treaties. This residence problem could become even more consequential if the nonincome tax in question was a tax covered by the treaty. Second, the article emphasizes the residence-relevance criterion for evaluating the identity or substantial similarity of new taxes to existing taxes for determining whether a new tax was covered by a treaty
Citation source
In: Tax law review. - New York. - Vol. 71 (2018), no. 3 ; p. 583-623
http://library.link/vocab/creatorName
Shaheen, F
Geographic coverage
North America
Language note
English
http://library.link/vocab/subjectName
  • tax treaty
  • residence
  • treaty benefits
  • retail sales tax
  • VAT
  • flat tax
  • cash flow tax
  • turnover tax
  • income tax
  • non-discrimination
Label
Income tax treaty aspects of nonincome taxes : the importance of residence
Instantiates
Publication
Label
Income tax treaty aspects of nonincome taxes : the importance of residence
Publication

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