How to Calculate - Handbook for International Tax Practitioners (Paperback, Illustrated Ed)

A tax rate on its own does not tell anything about the tax itself. If tax rates and tax rules are considered separately it is not always apparent how they interrelate. In working with the COMTAX System, which is concerned with tax calculations, it is relatively common to meet those whose knowledge of international tax systems does not include an understanding of how the tax was actually calculated. However, the ability to assess the amount of tax that is due is of more relevance than an academic knowledge of tax regulations. This book is designed to provide the necessary knowledge of tax calculations on international payments within a multinational group. It can be used as a reference as every chapter stands on its own and is not based on knowledge from previous chapters.