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In a global business environment, transactions with customers and suppliers often transcend national borders, and investment and activities are frequently cross-border as well. An understanding of the U.S. international tax rules, especially after enactment of the 2017 Tax Act, is of paramount importance to a wide variety of tax and corporate professionals.
This year’s program will be led by international tax experts and focuses on specific types of outbound and inbound investment and activities, and their U.S. tax consequences. Each panel will focus upon the issues raised by inbound and outbound investments and describe how the new U.S. tax rules address these issues. Special attention will be given to the ways the U.S. tax rules impact financings, mergers, acquisitions, and other commercial activities.
What You Will Learn
- Learn how the changes made by the 2017 Tax Act affect choice of entity decisions for U.S. and foreign investors
- Understand the new 100% dividend exemption for domestic corporations owning foreign corporations
- Study the Subpart F and new global intangible low-taxed income (“GILTI”) rules which cause U.S. shareholders in controlled foreign corporations (“CFCs”) to be subject to immediate U.S. tax
- Examine the tax and reporting rules that apply to U.S. subsidiaries of foreign companies
- Explore the background, purpose, and history of foreign tax credits
- Get an overview of the reporting and withholding requirements in international transactions
Program Level – Overview
Intended Audience - Corporate, law firm and accounting firm professionals that consider cross-border transactions and need a working knowledge of relevant U.S. international tax rules, and government attorneys who want to stay on top of what’s happening in the international tax arena.
Prerequisites – Familiarity with the U.S rules of international taxation.
Advanced Preparation – None