DOUBLE TAXATION CONVENTIONS, STRUCTURE AND
EVOLUTION OF THE AMERICAN TAX SYSTEM Cover Image

DOUBLE TAXATION CONVENTIONS, STRUCTURE AND EVOLUTION OF THE AMERICAN TAX SYSTEM
DOUBLE TAXATION CONVENTIONS, STRUCTURE AND EVOLUTION OF THE AMERICAN TAX SYSTEM

Author(s): Florin Dumiter, Remus Daniel Berlingher, Anca Laura Opret, Silvia Todor
Subject(s): Law, Constitution, Jurisprudence
Published by: Editura Universităţii Vasile Goldiş
Keywords: tax policy; double taxation conventions; US tax system; tax conformity; tax treatment;

Summary/Abstract: This article is intended as a retrospective survey of the comprehensiveness of thetax system, in the broad sense, and the US tax system, in a stricter sense, in terms ofstructuring model and application of tax levies, as well as the taxation applied to eachpublic financial income category. The topic chosen is based on the idea that the US taxsystem is different from the European system, while also considering that the USA is theworld leader in business, trade and investment, and seen as a true “streamliner” of theworld. The US economy is strongly influenced by sectors that prevail at the federal level:industry, education, trade, telecommunications, and transportation. The researchmethodology used in this article consists of a comprehensive analysis of key conceptsregarding tax levying activities, providing an explanation of the tax policy, a criticalanalysis of the US system in terms of tax legislation, and a history of international doubletaxation conventions concluded by the US with other countries, given that the USA may bean archetype (best practice) in terms of the double taxation agreements network, regardingboth the number of countries with which they have been concluded, and the types ofagreements on income and capital. In our opinion, the results of this study indicate theoptimal technical framework used by the American system to identify and implement themost sustainable methods, techniques and procedures in order to reduce the scope ofinternational double taxation on income and capital worldwide.

  • Issue Year: 17/2016
  • Issue No: 31
  • Page Range: 1-14
  • Page Count: 14
  • Language: English
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