- In this course, you'll become acquainted
- or reacquainted
- with essential topics in U.S. international taxation. Examples, scenarios, and expert insight make the materials a powerful resource that you can reference in your everyday work. The course is designed to provide a foundation in key international tax topics, including the definition of a U.S. resident, the foreign tax credit, outbound transactions, and inbound taxation.
Learning Objectives
When you complete this course, you will be able to: ? Recognize the rules for determining who is a U.S. taxpayer. ? Recall the basic rules for allocation and apportionment of deductions. ? Recognize the need for a foreign tax credit. ? Identify the purpose of anti-deferral regimes. ? Distinguish between anti-deferral regimes that apply to controlled foreign corporations. ? Identify the U.S. taxation of fixed, determinable, annual, or periodical income of foreign persons. ? Identify the U.S. taxation of effectively connected income of foreign persons.
Major Topics
? U.S. tax residents ? Default entity classification ? Foreign tax credit ? Global intangible low-taxed income ? Passive foreign investment companies ? Fixed, determinable, annual, or periodical income ? Effectively connected income
