{"product_id":"limitation-on-benefits-clauses-in-felix-alberto-vega-borrego-9789041161352","title":"Limitation on Benefits Clauses in Double Taxation Conventions","description":"\u003cp\u003e\u003cstrong\u003eEUCOTAX Series on European Taxation Volume 12\u003c\/strong\u003e\u003c\/p\u003e \u003cp\u003eLimitation on Benefits Clauses in Double Taxation Conventions analyses the legal framework and application of limitation on benefits clauses (LOB) in double taxation conventions (DTC), including detailed coverage of major recent developments such as the recent tax treaties concluded between the United States (US) and European Union (EU) Member States, the last version of the US Model Tax Convention (2016), the OECD\/G20 project on Base Erosion and Profit Shifting, and relevant new rulings handed down by the European Court of Justice. Upfront planning for international structures is crucial to ensure coverage under bilateral tax treaties. However, as treaty shopping - whereby a third-party national or a corporation sets up a shell company in order to minimize or eliminate income tax - can potentially be facilitated by taking advantage of DTC, companies must carefully scrutinize and comply with requirements found in the LOB clauses in tax treaties. This book studies the specific rules laid down in tax treaties against treaty shopping and, in particular, one type of rule, the LOB.\u003c\/p\u003e \u003cp\u003e\u003cstrong\u003eWhat's in this book: \u003c\/strong\u003e\u003c\/p\u003e \u003cp\u003eAmong the subjects and topics covered are the following: \u003c\/p\u003e \u003cul\u003e \u003cli\u003edefinition of the concepts of person and residence provided in the OECD model;\u003c\/li\u003e \u003cli\u003econcept of beneficial owner;\u003c\/li\u003e \u003cli\u003eapplication of domestic anti-avoidance rules;\u003c\/li\u003e \u003cli\u003eadoption of specific provisions to counter the phenomenon of treaty shopping;\u003c\/li\u003e \u003cli\u003edetermination of sufficient nexus with the state of residence or a real business purpose; and\u003c\/li\u003e \u003cli\u003epossible consequences of the incompatibility of LOB clauses with EU law.\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003e\u003cstrong\u003eHow this will help you: \u003c\/strong\u003e\u003c\/p\u003e \u003cp\u003eThis new edition will continue to provide tax attorneys, tax professionals, and government officials with the perspective needed for effective decision-making in this realm of international taxation. This book deals exclusively with a subject matter of real importance to international tax professionals and their clients. Academics and researchers in taxation will also appreciate the in-depth and up-to-date coverage of this important subject.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Felix Alberto Vega Borrego\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 904116135X\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9789041161352\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Kluwer Law International\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 08\/23\/2017\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 338\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.50lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.80h x 6.40w x 0.90d","brand":"Felix Alberto Vega Borrego","offers":[{"title":"Hardcover","offer_id":46173034479871,"sku":"9789041161352","price":209.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_29c69ded-9f4b-4d3f-a3ac-bbcce4936f5f.jpg?v=1727179791","url":"https:\/\/www.whiterainbookhouse.com\/products\/limitation-on-benefits-clauses-in-felix-alberto-vega-borrego-9789041161352","provider":"WR Book House","version":"1.0","type":"link"}