Theme of the present course

The 2011-2012 Subject
This year the main theme is GLOBAL INTERNATIONAL TAXATION, “From national tax systems towards global tax systems."  As every year the main theme is divided into 6 subparts for the different students to explore and write their theses on.

The main objective of the wintercourse is to explore different aspects of one major theme. Not only different subparts are important, but the added value of this project is the cooperation between the different universities in different countries. Students from each university will research on the same subparts, just from their national point of view.

During the seminar, which will be held at the University of Lodz in Lodz, Poland, from 12 to 19 April 2012, the students and researchers will discuss these differences. Why do these differences exist and what problems may arise because of those differences are just two aspects that will be dealt with. The various discussion groups will try to come up with solutions for the various problems arisen by those differences.

The subparts defined for this year's Eucotax-wintercourse are:

1. Principles and standards of transnational taxation
(direct versus indirect taxation, ability to pay, worldwide income versus territoriality, destination principle versus principle of origin, neutrality, double taxation/double non-taxation, EU/OECD/G20 standards, how to implement international standards in national tax law, relationship with principles of democracy, legitimacy, representation, rule of law);

2. Harmful Tax Competition in the context of transnational transactions
(State Aid, Code of Conduct, exchange of information -OECD, tax evasion, money laundering, transnational tax crimes, tax havens, offshore financial centers);

3. Allocation of income between states
(head office-pe’s, transfer pricing, formulary apportionment, apportionment of consolidated tax base under CCCTB);

4. Anti-abuse
(base erosion, CFC, LOB, beneficial ownership, dividend stripping, arbitrage in jurisdictions);

5. Taxation of transnational transactions of financial institutions and financial instruments
(VAT, bank taxes, financial transaction taxes, financial activity taxes);

6. Calculation of the tax base
(national tax accounting systems, relationship to IS/IFRS,US GAAP, CCCTB).