FEDERAL TAXATION OF INTERNATIONAL TRANSACTIONS.

Catalog description

This course provides an overview of the U.S. system for taxing international transactions. Topics include U.S. jurisdictional and source-of-income rules; the foreign tax credit; anti-deferral provisions; taxation of U.S. activities of foreign persons, and issues common to both outbound and inbound activities including intercompany transfer pricing rules. Prerequisite: ACCT 5339 with grade of C or higher.