International Tax Year End Update
Author: Robert J. Misey
| CPE Credit: |
2 hours for CPAs
2 hours Federal Tax Law Updates for EAs and OTRPs
2 hours Federal Tax Updates for CTEC |
Per the IRS Education Provider Standards this course must be COMPLETED by 12/31/2028 to receive credits. NOTE: Go to My Professional Profile in your CCH CPELink account settings to ensure your name, and PTIN number; matches your PTIN card
From Subpart F to foreign currency, the international tax arena has been laden with new rules. This course will provide an update of everything new that has happened this year and tries to predict what may happen in the year to come
Publication Date: December 2025
Topics Covered
- New Regulations
- Adjustment for Previously-Taxed Earnings & Profits
- Framework of Analysis
- Foreign Activity
- GILTI Pro Rata Inclusion
- Interposing a C Corporation
- Introduction to FDII
- Introduction to IC-DISCs
- Foreign Information Filings
- Tax Treaties Update
- The demise of Pillar 2
Learning Objectives
- Identify how to deal with new compliance requirements
- Identify new planning opportunities
- Identify the changes to the FDII deduction
- Identify the penalties for failing to file foreign information returns
- Identify the type of income that is covered by the permanent foreign personal holding company exception under the 2025 international tax provisions
- Identify the type of income that is included in Subpart F for a CFC
Level
Update
Instructional Method
Self-Study
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
Prior understanding of Internal Tax Law
Advance Preparation
None
