Course Description
This course covers the fundamentals of International Taxation from a Canadian perspective. The course emphasizes the understanding of different taxation systems and policies as they apply around the world. The course will allow students to explore different tax treaties and gain an understanding of the importance of taxation considerations in international business.
Course Content
- Review of the Canadian Taxation System and Introduction of other taxation systems
- Overview and history of tax treaties
- Residence in Canada and Expatriate Issues
- Permanent Establishments in Canada
- Transfer Pricing- Introduction and OECD Guidelines
- Transfer Pricing- The arms length principle
- Transfer Pricing- Different methodologies
- Transfer pricing- Intra-group services
- Introduction to US Tax
- Analyzing an International Expansion
Learning Activities
Lectures, seminars and case analysis.
All methods of instruction apply to in class, hybrid and/or online modes of learning.
Means of Assessment
Evaluation will be carried out in accordance with the Douglas College Evaluation Policy.
|
Research projects and presentations
|
10% |
| Case analysis and assignments |
30% |
| Midterm Examination |
25% |
|
Final Examination
|
35% |
|
Total
|
100% |
Students must write both the midterm examinations and the final examinations to pass the course.
To pass this course, students must obtain a minimum of 50% on invigilated assessments, with the 50% calculated on a weighted average basis.
Invigilated assessments include, in-class quizzes, in-class tests, midterm exam(s) and the final exam.
Students may conduct research as part of their coursework in this class. Instructors for the course are responsible for ensuring that student research projects comply with College policies on ethical conduct for research involving humans, which can require obtaining Informed Consent from participants and getting the approval of the Douglas College Research Ethics Board prior to conducting the research.
Learning Outcomes
At the end of the course, the successful student should be able to:
- Describe understanding of the different types of taxation systems around the world;
- Examine tax treaties from both individual and business perspective;
- Analyze taxpayer situation and demonstrate knowledge in determining residency;
- Compare different transfer pricing methods and determine the applicable method in a situation;
- Demonstrate understanding of the structure of US Taxation System;
- Analyze operations and tax position of a business and determine the impact of business expansion in a particular country.
Textbook Materials
Introduction to International Tax in Canada, By: Jean-Pierre Vidal. Carswell - Thomson Reuters.
OR other textbooks as approved by the Accounting department.