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 and the subsequent regulations.
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.
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
Strong knowledge of the U.S. Income taxation