International Taxation

The start date for this course has passed. Registration is no longer available.

This course is 8.00 credits
Facility Name
Crowne Plaza Natick The Verve
Facility Address
1360 Worcester St
Natick, MA 01760-1514
Field of Study
Tax
Course Level
Intermediate
Vendor
American Institute of CPAs

Registration Fees

MSCPA-AICPA Member
$249.00
MSCPA Member
$279.00
AICPA Member
$349.00
Non-Member
$379.00
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Monday, Oct 21, 2019
8:45am – 4:30pm

Get a solid understanding of international tax terminology and regulations that apply to a U.S. entity involved in global operations, or for a foreign entity doing business in the U.S. Whether your organization is contemplating a global move or is already involved in international business, you need to know about the activities that create multijurisdictional tax exposure and the required tax reporting for each relevant jurisdiction. Course materials include the impact of the Tax Cuts and Jobs Act of 2017 (TCJA) tax reform law.

 

This seminar qualifies for the Workforce Training Express Fund program. The course code for this program is 1121300 Click here for more details: https://www.mscpaonline.org/cpe/training_fund

Designed For

Senior associates through manager in public accounting who assist clients with tax implications of their global operations, owners, and CFOs of closely held businesses with international operations

Course Objectives

Learning Objectives When you complete this course you will be able to: 

  •  Identify basic foreign tax law fundamentals to properly serve clients that require international tax compliance.
  •  Recognize how to comply with U.S. tax reporting requirements for inbound and outbound transactions and operations.
  • Identify how to source income to a foreign jurisdiction. 
  •  Determine the required allocation and apportionment of deductions to foreign sourced income.
  • Analyze which foreign taxes are creditable against U.S. taxes. 
  •  Recognize how to Report foreign bank accounts and investments in jurisdictions including FATCA rules. 
  •  Identify the U.S. tax reporting requirements for foreign affiliates.
  • Recognize how to structure transactions and/or business operations of foreign-based service businesses entering the United States. 
  •  Evaluate the effect of treaties on the taxation of your client's foreign based income activities.

Major Subjects

Topics Discussed ? Export income ? Receipts in foreign currency ? Allocation and apportionment of deductions ? U.S. foreign tax credit - fundamentals and special rules ? Initiation of foreign operations ? Foreign branches and affiliated companies ? Sale of use of tangible property ? Foreign business operations in the United States ? Foreign business sales of tangible property in the United States ? Foreign business provision of services in the United States ? Exploitation of business assets outside of the United States ? Use of foreign tangible/intangible property in the United States ? U.S. withholding taxes on foreign businesses

Prerequisites

Strong knowledge of U.S. Income taxation

The start date for this course has passed. Registration is no longer available.