International Cross Border Transactions (Completed)

Date: Wednesday, September 22, 2021
Instructor: Allison McLeod
Begin Time:  12:00pm Pacific Time
1:00pm Mountain Time
2:00pm Central Time
3:00pm Eastern Time
CPE Credit:  2 hours for CPAs
2 hours Federal Tax Related for EAs and OTRPs
2 hours Federal Tax Law for CTEC

Join Allison McLeod, CPA, us for an introductory course in international cross border transactions. We will discuss typical situations in which a cross-border transaction arises, and how a taxpayer can utilize the rules to potentially decrease an entities effective tax rate. Other issues, such as documentation and IRS audit risk will also be covered. These rules will be illustrated by a hypothetical US-Canada transaction.

Who Should Attend
Ideal for CPAs, EAs and other tax preparers.

Topics Covered

  • U.S. Entity with Foreign Operations
  • Foreign Corporations with Us Operations
  • Royalties and License Fees
  • Minimizing Effective Tax Rate
  • Inversions
  • Cross Border Financing
  • Resolving Conflicts
  • Case Study- Caterpillar

Learning Objectives

  • Identify a cross border transaction and be able to discuss potential implications
  • Describe potential audit risks involved with cross border transactions
  • Recognize how to explain the role of competent authority, advanced pricing agreements and other alternative methods in reducing audit risk
  • Identify the types of contemporaneous documentation needed
  • Recognize and apply these principles in order to decrease and entity's effective tax rate


Instructional Method
Group: Internet-based

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites

Advance Preparation

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