U.S. International Tax: Core Concepts

Tax strategy, planning, compliance

Course

U.S. International Tax: Core Concepts

Instructors: Carl Kenyon , CPA, J.D., LL.M.; Edward Weaver, CPA, J.D., LL.M.; F. Douglas Watson, CPA, J.D., LL.M.; Kyle Brandon, CPA; Denise Clark, CPA, M.S.

  • Format

    Course - Online

  • Level

    Basic

  • Duration

    9h

This two-course series covers topics such as distinguishing the differences between various types of global tax systems and certain characteristics of each, entity classifications and different forms of operating a business in a foreign country.

Learning outcomes

  • Distinguish the differences between various types of global tax systems and certain characteristics of each
  • Recall how the U.S. tax system works
  • Recall entity classification and hybrids
  • Recognize the different forms of operating a business in a foreign country
  • Recall the concept of a permanent establishment / taxable presence in the United States and globally
  • Recall U.S. income sourcing rules
  • Identify general U.S. withholding tax rules
  • Recognize the general function and benefits of most income tax treaties
  • Recall the basics of transfer pricing rules for controlled transactions in the U.S. and globally
  • Identify the key actions under the OECD Base erosion and profit shifting (BEPS) initiative
  • Identify business transactions that generate outbound tax issues.
  • Recognize the approach for taxing U.S. persons with foreign activities.
  • Describe the key tax reform provisions affecting outbound transactions.
  • Recall the basics of the anti-deferral provisions applicable to controlled foreign corporations.
  • Recognize foreign currency issues affecting outbound transactions.
  • Recognize reporting requirements applicable to U.S. persons invested in foreign corporations, foreign disregarded entities, and/or foreign partnerships.
  • Recall effectively connected income (ECI) to a U.S. trade or business
  • Recall the rules for sourcing of income
  • Recall the rules for fixed or determinable, annual or periodic gains, profits, and income (FDAP)
  • Identify a framework for determining and calculating ECI and the Branch Profits Tax (BPT)
  • Indicate a general framework on the U.S. withholding taxes

£139.00 (CIMA members only)

£179.00

VAT calculated on checkout

Product information

Overview

Build a solid foundation.

This series of self-study online course is part of the U.S. International Tax Certificate program. This is a comprehensive learning program geared to help global finance and accounting professionals navigate the highly complex world of international taxation.

Developed in partnership with Grant Thornton, this self-study online certificate program is valuable to anyone who needs to understand the complexities of international taxation.

The U.S. International Tax: Core Concepts bundle offers you the opportunity to build a solid foundation in U.S. international taxation.

This two-course series covers topics such as distinguishing the differences between various types of global tax systems and certain characteristics of each, entity classifications and different forms of operating a business in a foreign country.

This series of courses include:

  • International Tax Foundation
  • Introduction to US Outbound and Inbound Transactions

Key topics

  • Tax Systems
  • Inbound/Outbound Taxation
  • Residency
  • Foreign Tax Credits
  • Entity Classification
  • Subpart F Income
  • Taxable presence in US
  • Income Sourcing in US
  • Withholding taxes in US
  • Tax Treaties
  • Transfer pricing
  • Key Actions under OECD BEPS initiative
  • FDII
  • GILTI

Who should take this course?

  • Tax professionals with 1-3 years of experience

Professional development

This Course - Online offers 9 hours of CPE credit.
Note on CPE Requirements and Credits
All learning resources available in the CGMA Store qualify for CPD for CIMA members.

Field of study: Taxes
Prerequisites:None
Programme level:Basic
Duration:9h
Format:Course - Online
Access:This is a digital product. You will have access to the content for a year after purchase date.

Return and refund policy

£139.00 (CIMA members only)

£179.00

VAT calculated on checkout

Instructors

  • Carl Kenyon , CPA, J.D., LL.M.

  • Edward Weaver, CPA, J.D., LL.M.

  • F. Douglas Watson, CPA, J.D., LL.M.

  • Kyle Brandon, CPA

  • Denise Clark, CPA, M.S.