How It Works: International Transactions and U.S. Tax Compliance (Currently Unavailable)
Get an in-depth overview of common cross-border tax transactions in this 12 CPE hour self-study bundle.
A guide to completing the increasingly complex Form 5471 including identifying filing requirements and reporting of foreign taxes, earnings and profits, GILTI information, and previously taxed income.
Avoid Pitfalls When Working with Expatriate Taxation Issues
FATCA was enacted by Congress in 2010 as part of the HIRE Act. It attempts to restore tax fairness by focusing on foreign financial assets of US Citizens that are not being properly reported and taxed. With the announcement of final regulations in February, 2013, the US Department of the Treasury and the IRS have been busy designing, implementing and executing intergovernmental agreements, new and revised forms, and instructions to force US Citizens and foreign financial institutions into compliance. Don’t be the last one to learn of your reporting and withholding obligations and don’t fall victim to the huge penalties that can accrue for noncompliance. Join us for this complicated law and how to comply with your withholding and reporting obligations.
The IRS has increased its emphasis on international tax compliance has, in more recent years, concentrated on Taxpayers with business dealing abroad – including foreign partnership interests. This webinar will provide tax advisers and return preparers with a practical guide to completing Form 8865, Return of U.S. Persons with Respect to Certain Foreign Partnerships.
This on-demand course presents an overview of tax treaties and how they are used in structuring transactions and determining the tax impact of cross-border transactions. It discusses the ordering rules for local laws versus treaty laws, and the purpose of the tax treaties in avoiding and eliminating double taxation to promote trade and investment. The participant will learn about planning opportunities to contemplate when structuring foreign operations.
Join Allison McLeod, CPA, 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.
Total: 6 courses (12 CPE hours)
