When Sharia and U.S. Tax Law Collide

9 Pages Posted: 11 Sep 2017

Date Written: August 21, 2017

Abstract

Sharia law impacts the US tax analysis of transactions arising in any Muslim-majority country or in any country when Muslim persons are involved in the transaction. Neither the US courts nor the Internal Revenue Service have provided guidance as to how the matter should be resolved when US tax and Sharia laws collide. This article addresses the role of Sharia law in US international taxation and seeks to raise professional awareness of the possible pitfalls when dealing with clients having a connection to Sharia and the US.

Keywords: Sharia, US Tax, International Tax

JEL Classification: K34

Suggested Citation

Jeker, Virginia La Torre, When Sharia and U.S. Tax Law Collide (August 21, 2017). Tax Notes International, Volume 87, No. 8, August 21, 2017, Available at SSRN: https://ssrn.com/abstract=3032659

Virginia La Torre Jeker (Contact Author)

Independent ( email )

DUBAI
United Arab Emirates

HOME PAGE: http://www.us-tax.org

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