Students who are want to pursue advanced studies in global tax structures can enroll in a master's degree program in international taxation. This degree combines concepts of business and law, and at some universities it may be offered jointly through both departments, either on-campus or in a distance-learning format. Graduates from Master of Taxation programs are qualified for a variety of careers in the field and may choose to work as tax specialists for national, international and multinational business or government organizations. In order to apply, students must have a bachelor's degree, and some schools give preference to applicants with professional experience in the field.
Master's of International Taxation
Over the course of the program, students receive extensive training in both domestic and international tax laws and policies. Common courses include:
- International taxation
- Corporate taxation
- Real estate taxation
- Contemporary tax theory
- Tax research
- Estate tax law
- Income tax law
Career and Salary Information
The U.S. Bureau of Labor Statistics (BLS) estimated that job growth for accountants and auditors will increase by about 6 percent between 2018 and 2028. In May 2018, the BLS reported that the median annual income for these workers was $70,500.
Continuing Education Information
Taxation experts working as accountants are required to earn certification as a Certified Public Accountant (CPA) if their duties require them to file reports with the Securities and Exchange Commission (SEC). A variety of other certifications are useful in this field. These include Certified Internal Auditor (CIA) and Certified Management Accountant (CMA), offered by the Institute of Internal Auditors and the Institute of Management Accountants, respectively. Though these certifications are not required by law, they are highly regarded by employers.
In summary, a master's degree in international taxation provides students with the comprehensive legal and business training in tax law that they need to pursue further certification and a career in the field.