- NY Credits : 1.0
- TX Credits : 1.0
- IRS Enrolled Agent Credits : Federal Tax/Tax Related Matters - 1.0
Treaties and Foreign Tax Systems
This course reviews the relevance of income tax treaties when conducting operations outside the United States. It discusses the ordering rules for local laws versus treaty laws, and the purpose of the tax treaties in avoiding and eliminating double taxation to promote trade and investment. The course goes on to review different types of foreign taxing systems to be aware of and provides planning opportunities to contemplate when structuring foreign operations. This course incorporates all relevant portions of the Tax Cuts and Jobs Act.
Upon successful completion of this course, the user should be able to:
identify the purpose, general content, and issues related to income tax treaties, and
recognize the different elements of foreign tax systems.