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

An approachable introduction to international taxation

International taxation can get complex quickly, especially when you don’t have a solid foundation. This course, an excerpt of International Taxation – Tax Staff Essentials, provides the basis necessary to understand more advanced U.S. international taxation concepts. Detailed, scenario-based examples make the materials a powerful resource that you can reference in your everyday work.

Topics include:

• The definition of a U.S. tax resident
• Default entity classification rules
• Income sourcing rules
• Deduction sourcing and apportionment rules

On the pulse of international taxation

A flurry of Treasury Regulations has kept the international tax space buzzing. With all-new course materials for 2024, learners are getting a modern view of the international tax landscape.

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 international tax knowledge base
• Non-U.S. accountants interested in learning about inbound transactions

Key Topics

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

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.