International Taxation -

: Countries tax their residents on worldwide income , regardless of where it is earned.

OECD Model Tax Convention : Favors capital-exporting (developed) countries. INTERNATIONAL TAXATION

International taxation involves the rules and principles governing how income, profits, and taxable activities are taxed when they cross national borders. The primary goal is to allocate taxing rights between countries fairly while preventing double taxation. Taxing Rights & Jurisdiction : : Countries tax their residents on worldwide income

: Bilateral agreements that determine which country has the primary right to tax specific types of income (e.g., dividends, interest, royalties). INTERNATIONAL TAXATION

: Countries tax income generated within their borders , regardless of the taxpayer's residence. Mitigating Double Taxation :