This course provides a solid foundation of U.S. inbound and outbound taxation and key concepts that are related. It begins with the business transactions that generate outbound tax issues in the U.S. tax system, such as the introduction to the one-time transition tax introduced by the Tax Cuts and Jobs Act of 2017. Also considered are:
Concepts related to global intangible low-taxed income, foreign tax credits, foreign currency, and foreign-derived intangible income;
Inbound taxation topics like calculating effectively connected income, sourcing income, the branch profits tax, the Foreign Investment in Real Property Tax Act;
How to interpret tax treaties and how they can reduce U.S. income and withholding taxes; and,
The Base Erosion Anti-Abuse Tax created by the Tax Cuts and Jobs Act
This course is being offered by a 3rd party vendor and will not be accessible on your My CPE page. Webinar access information will be emailed directly to you by AICPA.