In the ever changing area of international tax, having access to advice on the latest developments in tax planning is not merely essential; it’s an imperative – and here it is – the expert advice you need in Tolley’s International Tax Planning 2011-12. Author Robert Langston, of Saffery Champness, brings thirteen years’ experience at Grant Thornton to the task of producing this indispensible guide, which focuses on international tax planning for companies.
The book is particularly useful in that its complex subject matter is presented clearly and logically, as one look at the thirty-page Table of Contents will reveal. If you haven’t found what you’re looking for therein, there’s a fifteen- page index, which like the rest of the book is precise and detailed.
To further ease your path through the dense thickets of international taxation issues, each key topic is illustrated with examples, tables, graphs, charts and checklists.
Like Caesar’s description of ancient Gaul, the book is divided into three parts – all supported by the index. Part A deals with international tax principles and the UK tax provisions applicable to cross-border activities. There are sections here on planning techniques and basic principles, ideal as an introduction, or as reference for specialists.
Part B provides transaction-based case studies and practice guides which deal with situations which you might commonly encounter in international tax planning, plus checklists (which we’ve previously mentioned) which cross-refer to Part A.
Part C offers an overview of certain overseas tax systems, to include the United States, Canada, Australia, China, Germany, India and France.
Wthin this framework, all the major issues in international tax planning are covered, including controlled foreign companies, EU law… double tax relief…withholding taxes…transfer pricing…cross border acquisitions…UK companies setting up overseas… and of course, much more.
The 2011-12 edition from Tolley certainly contains a mine of new material, including new business migration and ideas for debt cap planning. Basic principles and planning opportunities arising from branch profits exemption are covered – and there are new chapters on investing in the US, China and India.
As would be expected with a work of this scope and stature, there are extensive tables of cases, statutes and statutory instruments. Despite problems with the world economy, business continues to go global, which means that no practitioner involved in, or advising on international tax issues can afford to be without ‘Tolley’s International Tax Planning 2011-12’ readily to hand.
The law and practice is stated as at August 2011 and in the author’s words, ‘may not reflect the current position’ which of course continues to change, especially over a wide range of jurisdictions.
