TAX 324: International Taxation II

Learning Outcomes

At the end of the course, students should be able to:

1. describe foreign tax system, place of business, transfer pricing and allocation of expenses;
2. Define capitalisation and debt conversion;
3. compute double taxation including tax treaties and reliefs;
4. Compare the Nigeria’s tax system with those of other developing economies; and
5. Discuss cross boarder taxable transactions.

Course Contents

Foreign tax system. Place of business, transfer pricing. Allocation of expenses, capitalization, and debt conversion. Double taxation. Nigeria tax treaties and relief. Typical clauses, treaty relief by credit, unilateral tax credit, reforms and planning. The Nigeria tax system will also be compared with the tax systems of developed and developing economies.