Essentials of Tax Law: International Tax Law for the Global Practitioner
Tax law is a complex and evolving area, but one that any global practitioner needs to be comfortable with, as the financial and legal implications for clients and international firms are of utmost importance. Having a basic understanding of US tax rules that apply to international transactions is fundamental in today’s global marketplace. Learning to “speak tax” is essential to the success of any business or organization.
The program begins with an in-depth review of the background and governing philosophy of US tax law and the differences among tax-related statutes, rules, and regulations. This introduction will include an explanation of the many different sources of law at the federal and state level. From there the program will offer an overview of the rules covering when—and how much—the US will tax both a foreign individual or corporation and a US corporation that conducts business outside the US. There will also be a more in-depth treatment of two particularly important subjects for international practitioners: the US approach to transfer pricing questions and US practice under its bilateral income tax treaties.
The final stages of the program will cover a number of cutting-edge, topical issues including corporate “inversion” transactions, the OECD Base Erosion and Profit Shifting Project, and the prospects for fundamental international tax reform in the United States.
Learn where international tax reform may be headed from the thought leaders who are shaping it.
Course Details
Sample Topics
Each program can be customized for content, format, and delivery. Below are a few indicative topics that could be included in the schedule:
- Fundamentals of the US Tax System
- Tax Treaties
- Transfer Pricing
- Topical Developments in the US International Tax System
- Evolution of International Tax Policy
Sample Faculty
Sessions will be taught by esteemed NYU Law faculty as well as experienced practitioners. Below are examples of members within the NYU Law community who could be involved with this program.
Academic Director
Mitchell Kane
After graduating from law school, Mitchell Kane clerked for the Honorable Karen LeCraft Henderson of the US Court of Appeals for the DC Circuit. He then worked as an associate in the tax department of Covington & Burling. His current research focuses on tax and economic development, tax and climate policy, and transfer pricing. Kane joined the NYU School of Law faculty in 2008 from the University of Virginia School of Law, where he had taught since 2003. Kane received a BA from Yale University in 1993, a JD from the University of Virginia School of Law in 1996, and an MA from the University of Virginia in 1997.
