A Review of Common Income Tax Treaty Provisions and Uses (Completed)

This session provides an introduction to income tax treaties and their common uses. The course begins with an overview of how the United States taxes nonresidents, with analysis of common statutory situations/considerations. Then we provide historical background on United States tax treaties, the ongoing relevance of the U.S. model treaty, and interaction between statutory and treaty rules. The seminar then reviews the interplay between statutory and treaty terms, and how the latter can be used to reduce both the scope of U.S. tax and specific tax rates.

Topics Covered

• Overview of how the United States taxes nonresidents
• Historical background on U.S. tax treaties
• Relevance of the U.S. model treaty
• Interplay between statutory and treaty terms

Learning Objectives

• Recognize historical background on U.S. tax treaties, their ongoing relevance, and interaction between statutory and treaty rules
• Analyze specific treaty terms and where/how they are alter statutory provisions
• Summarize compliance requirements for obtaining treaty benefits
• Relevance of the U.S. model treaty

Level
Basic

Instructional Method
Group: Internet-based

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
None

Advance Preparation
None