Fundamentals of U.S. Int'l Tax

Catalog description

Have you ever wondered why Apple and other big name companies operate overseas? Do you know what a blacklist country is? Ever wonder how different our tax code is from the rest of the world? This course will answer those questions and much, much more. Fundamentals of United States International Taxation will provide a hands-o approach to the study of international taxation employing a combination of guided subject matter lectures and practical scenario problem sets. Topics of study will include: (1) Residency and Source Rules; (2) Inbound Taxation; (3) Outbound Taxation; (4) Foreign Tax Credit; (4) Anti-abuse rules including Controlled Foreign Corporations and Subpart F Rules; (5) Tax Treaties; and (6) Nonrecognition Transactions with Foreign Entities. Prerequisite(s): Taxation of Individual Income. Graded.