The Higher School of Economics National Research University
International Tax Planning Programme
For specialization 080300.68 "Finance and Credit" for master preparation
under the Master Programme – "Financial Markets and Financial Institutions"
Федеральное государственное автономное образовательное учреждение
высшего профессионального образования
"Национальный исследовательский университет
"Высшая школа экономики"
Факультет экономических наук
Департамент финансов
Рабочая программа дисциплины
« Международное налоговое планирование»
(International Tax Planning)
для образовательных программ:
38.04.08.68 «Финансы и кредит» подготовки магистра
«Стратегическое управление финансами фирмы», 2 курс
Разработчик программы
Русакова И.Г., профессор, irina.rousakova@gmail.ru
Одобрена на заседании департамента финансов
«___»____________ 2015 г.
Руководитель департамента
И.В. Ивашковская_______________________
Рекомендована Академическим советом
образовательной программы ОП «СУФФ»
«___»____________ 2015 г., № протокола_________________
Утверждена «___»____________ 2015 г.
Руководитель департамента финансов
И.В. Ивашковская_______________________
Москва, 2015
Настоящая программа не может быть использована другими подразделениями университета и другими вузами без разрешения подразделения-разработчика программы.
The Higher School of Economics National Research University
International Tax Planning Programme
For specialization 080300.68 "Finance and Credit" for master preparation
under the Master Programme – "Financial Markets and Financial Institutions"
International Tax Planning Syllabus
by Rousakova Irina Georgievna, PhD
Moscow 2015
The Higher School of Economics National Research University
International Tax Planning Programme
For specialization 080300.68 "Finance and Credit" for master preparation
under the Master Programme – "Financial Markets and Financial Institutions"
1
Course Description:
a. Title of the course – International Tax Planning
b. Pre-requisites
c. Course Type – elective
d. Abstract
2
Learning Objectives:
Learning Objectives – get an insight into the fundamental theory of international taxation, review
the practice of applying double tax treaties and the methods of international tax planning.
3
Learning Outcomes:
Upon mastering the discipline, the students shall:
 know the fundamental principles of international taxation, the OECD Model Tax Convention
and the system of international double tax treaties;
 be able to analyse aggregate tax risks faced by business and the state, as well as accurately select the tax strategy of the company under effective tax laws;
 have relevant skills to identify and assess the challenges of tax implications while analysing
specific practical cases, as well as suggest solutions subject to effective tax laws
4
No
.
1
2
3
4
5
6
7
8
Course Plan:
Section
Basic notions and conceptual framework of
international taxation
Territorial taxation principle and residency
principle in the system of international tax
relations
Double taxation and methods of its avoidance
Types of tax systems under international taxation
Transfer pricing in the international taxation
system
Tax treaties in the international taxation system
Anti-tax evasion methods in the international
taxation system
Modern trends in international taxation (taxation of electronic commerce, use of tax havens, introduction of the data exchange practice)
Total
hours
12
Classroom hours
Practical
LecSemiastures
nars
signments
2
1
Independent
work
9
12
2
2
-
8
12
14
2
2
2
2
-
8
10
14
2
2
-
10
16
2
3
-
11
16
2
3
-
11
12
2
1
-
9
The Higher School of Economics National Research University
International Tax Planning Programme
For specialization 080300.68 "Finance and Credit" for master preparation
under the Master Programme – "Financial Markets and Financial Institutions"
Total
5
108
16
16
-
76
Grading System:
Assessment is based on the results of the test run at the end of the lecture course. The test includes
20 questions on all topics specified in eight course sections above. The results are assessed using a 10-point
scale.
The lecturer assesses the students' performance during seminars and practical assignments, in particular their participation in discussions, business games, as well as in completing assignments during seminars. The accumulated grade under the 10-point scale for performance during the seminars and practical
assignments is determined prior to the final assessment– Gradeseminars.
The accumulated grade for the current assessment takes into account the student's results based on
the current assessment as follows:
Gradeaccumulated= 0,25* Gradeseminars + 0,75* Gradetest
The resulting grade for the discipline is calculated as follows:
Gradetotal = 0,4* Gradeaccumulated + 0,6*·Gradeexam
The procedure for rounding the accumulated grade of the interim (final) assessment in the pass-fail
exam form is arithmetical.
6
Guidelines of Knowledge Assessment:
Illustrative questions/assignments for the pass-fail exam:
1. Give examples of the agent's different behaviour, when its activity results/does not result in a permanent establishment.
2. Preliminary approval. Describe all types. What is your opinion of such practice – positive or negative? Is it necessary in Russia?
3. Double taxation. Avoidance of double taxation. What key methods do you know? Which of them
are used in the OECD Model Convention?
4. Transfer prices. Cost sharing agreement. The arm's length principle. When significant deviation
from the price may be justified?
5. Withholding tax. Who pays this tax? Explain its "extraterritorial" substance. What types of income
this tax is generally imposed on?
7
4.1
Reading List:
Basic textbook
1. L.V. Polezharova, International Double Taxation: Avoidance Mechanism in Russia / L.V. Polezharova
– M. : Magistr, 2009
2. Corporate author – the Tax Code of the Russian Federation, Part I and Part II. М. Prospekt (other publications are available), 2008 – 2012
3. S.A. Baev, Double Tax Treaties between Russia and Other EU Member States: Comparative and Legal
Research. Wolters Kluwer, 2007
4. A.Ya.Barabash, Taxes and Taxation. St. Petersburg, Piter, 2010
The Higher School of Economics National Research University
International Tax Planning Programme
For specialization 080300.68 "Finance and Credit" for master preparation
under the Master Programme – "Financial Markets and Financial Institutions"
5. L.I. Goncharenko, Taxation of Individuals. М. INFRA-M, 2012
4.2
Regulations
1. The Constitution of the Russian Federation – М.: ZAO GrossMedia Ferlag, 2004 – 48 p.
2. The Civil Code of the Russian Federation. Official publication. – М.: Yuridicheskaya Literatura, 1994 – 240 p.
3. The Tax Code of the Russian Federation (Part I and Part II)
4. Law of the Russian Federation No. 2116-1 of 27 December 1991 "On Corporate Profits Tax"
// Bulletin of the Congress of People's Deputies of the RSFSR and the Supreme Council of the
RSFSR. 1992. No. 11 Article 526.
5. USSR Law No. 1560-1 "On Taxes Imposed on Entities, Associations and Organisations" of
14 June 1990. Bulletin of Regulations of Ministries and Agencies of the USSR, No. 1, 1991
6. Minutes of Approach Unification and Conclusion of a DTT with respect to Taxes and Property,
Tashkent, 15 May 1992 // Information Bulletin of the Council of the Heads of States and Council of the Heads of Governments of the CIS // Sodruzhestvo, 1992 No. 5
7. Double Tax Treaty between the Government of the Russian Federation and the Government of
the Republic of Cyprus with respect to Taxes on Income and Capital // Collection of Laws of
the Russian Federation. 13 September 1999, No. 37 Article 4447.
8. Double Tax Treaty between the Government of the Russian Federation and the Government of
the Republic of Finland with respect to Taxes on Income // Collection of Laws of the Russian
Federation 2003, No. 4. Article 269.
9. Double Tax Treaty between the Government of the Russian Federation and the Government of
the Republic of Germany with respect to Taxes on Income and Property. // Collection of Laws
of the Russian Federation 1998, No. 8, Article 913.
10. Resolution of the Russian Government No. 84 of 24 February 2010 "On Signing Cross-Border
Treaties on Avoiding Double Taxation and Preventing Fiscal Evasion with respect to Income
and Property" // Collection of Laws of the Russian Federation, 8 March 2010, No. 10, Article
1078
11. Main Trends of the Russian Tax Policy for 2011 and for the Planned Period of 2012 and 2013
(approved by the Russian Government on 20 May 2010). Consultant Plus Information System.
12. Main Trends of the Russian Tax Policy for 2012 and for the Planned Period of 2013 and 2014.
Consultant Plus Information System.
13. Order of the Russian Ministry of Taxes and Levies No. BG-3-23/709@ of 23 December 2003
"On Approving the Form of Tax Returns on Income Received by a Russian Organisation from
Sources outside the Russian Federation, and Instructions on their Completion" (registered with
the Russian Ministry of Justice No. 5431 on 20 January 2004).
4.3
Court Rulings
14. Russian Federation SAC Ruling No. VАS-5993/12 of 8 June 2012 in case No. А40-76654/1190-330.
15. Article 311 "Elimination of Double Taxation" of Chapter 25 "Corporate Profits Tax" of the
Russian Federation Tax Code (selection of court rulings for 2012) // OOO Zhurnal Nalogi i Finansovoe Pravo.
16. Article 311 "Elimination of Double Taxation" of Chapter 25 "Corporate Profits Tax" of the
Russian Federation Tax Code (selection of court rulings for 2012) // OOO TaxHelp Law Firm.
17. Article 311 "Elimination of Double Taxation" of Chapter 25 "Corporate Profits Tax" of the
Russian Federation Tax Code (selection of court rulings for 2011) // OOO TaxHelp Law Firm.
18. Chapter 23 Personal Income Tax of the Russian Federation Tax Code (selection of court rulings
for 2006) // OOO Zhurnal Nalogi i Finansovoe Pravo.
The Higher School of Economics National Research University
International Tax Planning Programme
For specialization 080300.68 "Finance and Credit" for master preparation
under the Master Programme – "Financial Markets and Financial Institutions"
8
Methods of Instruction
9
Equipment and Software Support – not required