A Summary of How Partnerships Are Taxed in Terms of International Law and Convention: An Entity or Transparent For Tax Purposes?

Introduction This work examines the primary features of how partnerships are generally taxed in terms of international law and convention where partnerships conduct cross-border transactions. The OECD Double Tax Convention influences the treatment of the partnerships. I. Differences that Affect the Tax Treatment of Partnerships The OECD states in the work entitled: Model Tax Convention on Income and On Capital, Volume 1 Taxation, Section II.2 Differences that affect the tax…