Tax for Foreign Businesses Coming to the United States (Completed)
Date: Thursday, January 16, 2025
Instructor: Robert J. Misey
| Begin Time: |
10:00am Pacific Time
11:00am Mountain Time
12:00pm Central Time
1:00pm Eastern Time |
| CPE Credit: |
2 hours for CPAs
2 hours Federal Tax Related for EAs and OTRPs
2 hours Federal Tax Law for CTEC |
|
NOTE: Go to My Professional Profile in your CCH CPELink account settings to ensure your name, and PTIN number; matches your PTIN card
As the largest market in the world, the United States is an attractive location for foreign businesses. Whether you represent the foreign business or its owners, it is imperative that you understand the rules for taxing a foreign business.
Topics Covered
- Understanding when a foreign business has a U.S. trade or business
- Understanding when a foreign business in a treaty country has a permanent establishment in the United States
- Determining the effectively connected income of a foreign business
- Determining the amount of the branch profits tax and other branch taxes
- Dealing with the Base Erosion Anti-Abuse Tax and other anti-abuse measures in the Internal Revenue Code
- Choice of entity for a foreign business that comes to the United States
- Completing a Form 1120-F
Learning Objectives
- How to determine whether the foreign business has taxable presence in the United States
- How to determine the amount of income tax and other taxes that a foreign business may incur in the United Sates
Level
Basic
Instructional Method
Group: Internet-based
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
None
Advance Preparation
None
