International Taxation: Overview and General Rules of U.S. International Taxation - Tax Staff Essentials

Overview

The perfect place to start your education in U.S. international taxation, with easy-to-understand explanations of complex topics in this tax subspecialty.

Highlights

Key Topics

• U.S. tax residents
• Default entity classification
• Income sourcing
• Deduction sourcing and apportionment

Prerequisites

Basic understanding of federal income taxation

Designed For

Who Will Benefit

• U.S. tax professionals who have clients who live abroad or have foreign investments
• Industry tax staff who work for companies with global operations
• CPAs interested in growing their

  Objectives

  Learning Outcomes

  • Recognize the rules for determining who is a U.S. taxpayer.
  • Identify default entity classification rules.
  • Recall the basic income and expense sourcing rules.
  • Recall the basic rules for allocation and apportionment of deductions.