International Tax Considerations per Biden Administration Proposals (Completed)

This course will cover a discussion of the U.S. international, income tax considerations with respect to the current Administration’s new tax law proposals, including the Global Minimum Tax (GMT).

Who Should Attend
Experienced tax staff through tax director level interested in or already practicing U.S. international income taxation.

Topics Covered

• What are the (Biden) Administration's income tax law proposals?
• Potential international tax law implications (FDII, GILTI, subpart F, etc.)
• Structuring and planning thoughts and potential preparation

Learning Objectives

• Identify key Biden Administration's income tax proposals focusing on international tax
• Recognize several discussion items and international tax ramifications as a result of the Biden Administration's income tax proposals
• Recognize potential need or desire for international tax planning, modeling, and/or re-structuring if the Biden Administration's income tax proposals are enacted into law; retroactive effect; transition/grandfathering

Level
Intermediate

Instructional Method
Group: Internet-based

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
Read IRC Sections 250, 951(a), 951A, 1221, and 1223.

Advance Preparation
None