International Tax Jobs

Market context

International Tax focuses on the tax implications of cross-border transactions and multinational enterprises. It involves navigating diverse tax systems, treaties, and regulations to optimize tax positions and ensure compliance for global operations.

This specialism is inherently global, dealing with the interplay of domestic tax laws (e.g., US corporate tax rates under the Tax Cuts and Jobs Act of 2017, EU Member State corporate tax regimes), bilateral tax treaties, and multilateral initiatives like the OECD's Base Erosion and Profit Shifting (BEPS) project. Professionals advise on areas such as repatriation of profits, foreign tax credits, and the establishment of permanent establishments, with considerations varying based on the countries involved and their adherence to international norms.

Regulatory timeline

• 2024-01-01OECD's Pillar Two Global Minimum Tax (GloBE Rules) implementationOngoing implementation/Effective
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• 2023-10-11OECD's Pillar One Amount A Multilateral Convention signingOngoing, not yet in force
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• 2021-12-22EU Unshell Directive (ATAD 3) proposal to combat shell entitiesProposed, under negotiation
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Skills & tools