IFA: The Influence of Corporate Law and Accounting Principles in Determining Taxable Income: The Influence of Corporate Law and Accounting Principles in Determining Taxable Income

by International Fiscal Association (IFA)

Overview

The interaction between accounting, company law, and taxation is a key issue in corporate regulation. These three areas have differing kinds of regulations with different objectives and varied techniques of regulation and interpretation. Moreover, views on all of these factors vary from country to country.

How these fields interact has significant ramifications. It affects the future development of both accounting regulation and tax law and raises the possibility of international double taxation. These potential effects suggest the need not only for better analysis in this area but also for a harmonised international view.

The Influence of Corporate Law and Accounting Principles in Determining Taxable Income takes a thoughtful look at several components of this key debate. The papers included offer insights into the different paths taken on the various issues by selected countries, cites problems, and offers proposals for the future. Tax and corporate law practitioners, policymakers, and academics will appreciate the insightful and thought-provoking quality of this work.

Product Details

ISBN-13:	9789041104779
Publisher:	Wolters Kluwer
Publication date:	10/01/1997
Series:	IFA Congress Series Set , #21
Pages:	64
Product dimensions:	6.14(w) x 9.21(h) x 0.16(d)

Table of Contents

Introductory Notes
Works of the OECD I; J. Owens
Works of the OECD II; D. Lütti
Allocation of Profits under Article 14
To Which Extent do Employees Assigned to a Subsidiary Constitute a Permanent Establishment of the Parent Company?
Appendix 1: The OECD Committee on Fiscal Affairs
Appendix 2: Outline on Article 14
Appendix 3: Outline on Employees as a Permanent Establishment
Appendix 4: The Origins of OECD Model Articles 7, 14 and 15

Editorial Reviews

Presents the material that was prepared by a panel of international tax experts to address the subject. They consider not only the technical aspects of secondary adjustments, but also the underlying philosophical question of whether there should be any at all and if so what appropriate limitations might be. They discuss a labyrinth of potential adjustments that could flow from the primary transfer pricing adjustment, as well as set-offs and corresponding adjustments. No index. Annotation c. Book News, Inc., Portland, OR (booknews.com)

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