Description
Gain a better understanding of the issues related to foreign operations, creating U.S. ownership, repatriating earnings, and maintaining compliance with U.S. tax law.Foreign operations can present a significant opportunity for a U.S. company, but can also raise a number of U.S. tax issues. Proper tax planning in establishing foreign operations, and an understanding of the ongoing disclosure and other requirements they create, is essential to avoiding problems down the road. This material will provide you with an overview of the issues (and highlight some potential pitfalls) related to foreign operations, creating U.S. ownership, repatriating earnings, and maintaining compliance with U.S. tax law and disclosure requirements and keeping current on recent tax legislation.
Date: 2019-07-19 Start Time: End Time:
Learning Objectives
Establishing Foreign Operations
• Expansion Problems and Issues
• Choice of Entity Alternatives
• Foreign Operations and Tax Rates
• Method of Accounting Issues
Consequences of U.S. Ownership
• Disclosure of U.S. Ownership
• Controlled Foreign Corporations
• Subpart F Definitions and Issues
• Global Intangible Low Taxed Income
Tax Reporting and Disclosure Issues
• Fbar and Foreign Financial Assets
• Foreign Investments and Transfers
• U.S. Tax Withholding and Treaties
• U.S. Disclosure Requirements
• Transfer Pricing Issues
New Issues Under Recent Tax Legislation
• Territorial System
• Transition Tax on Repatriation
• Low-Tax Rates on Foreign Income
• Export Incentive
CLE (Please check the Detailed Credit Information page for states that have already been approved) ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.
Thomas M. Kosinski, C.P.A., M.S.T.-Ostrow Reisin Berk & Abrams, Ltd.
