Semester wise Syllabus for M.Com in International Taxation & Transfer Pricing (ITTP)

Semester 1: Foundations of Taxation & Global Tax Systems

1. Principles of Direct & Indirect Taxation

   • Income Tax Act (Domestic Provisions)

   • GST/VAT in an International Context

2. International Taxation – Basics

   • Tax Treaties & Model Conventions (OECD & UN)

   • Permanent Establishment (PE) & Source Rules

3. Corporate Taxation

   • Tax Planning for MNCs

   • Thin Capitalization & Interest Deductibility (BEPS Action 4)

4. Business Law & Regulatory Framework

   • FEMA, FDI, & RBI Regulations

   • Anti-Avoidance Rules (GAAR, SAAR)

5. Quantitative Methods for Tax Analysis

   • Statistical Tools for Transfer Pricing

Semester 2: Advanced International Taxation & Transfer Pricing

1. Transfer Pricing – Concepts & Methods

   • Arm’s Length Principle (OECD TP Guidelines)

   • Comparable Uncontrolled Price (CUP), TNMM, Profit Split Method

2. BEPS (Base Erosion & Profit Shifting) Framework

   • BEPS Action Plan (Focus on Actions 8-10, 13)

   • Country-by-Country Reporting (CbCR)

3. Tax Treaties & Dispute Resolution

   • MAP (Mutual Agreement Procedure)

   • Arbitration & Advance Pricing Agreements (APAs)

4. Digital Taxation & Emerging Trends

   • OECD’s Two-Pillar Solution (Global Minimum Tax)

   • Equalization Levy & Significant Economic Presence (SEP)

5. Tax Risk Management & Compliance

   • Documentation & Penalties (Master File, Local File)

Semester 3: Specialized Topics in Cross-Border Taxation

1. Mergers, Acquisitions & Restructuring Taxation

   • Tax Implications of Cross-Border M&A

   • Tax Neutrality & Demergers

2. Indirect Taxation in Global Trade

   • Customs Duties & WTO Valuation Rules

   • GST/VAT on Cross-Border Services

3. Tax Havens & Anti-Avoidance Measures

   • CFC (Controlled Foreign Corporation) Rules

   • Blacklisting & Grey Listing (FATF Standards)

4. Elective Subjects (Choose One)

   • E-Commerce Taxation

   • Taxation of Financial Instruments (Derivatives, Hybrids)

5. Research Methodology in Taxation

   • Case Study Analysis (Apple, Google, Starbucks Tax Cases)

Semester 4: Practical Application & Research

1. Dissertation/Project Work

   • Research on a Global Tax Issue (e.g., Pillar 2 Implementation, Digital Tax Challenges)

2. Internship (Optional in Some Universities)

   • Practical Training in Big 4 Firms, MNC Tax Departments, or CBDT

3. Advanced Transfer Pricing Case Studies

   • Benchmarking Analysis using Databases (BvD, RoyaltyStat)

4. Contemporary Issues in International Tax

   • Crypto Taxation

   • Environmental Taxes (Carbon Pricing)