Course/Product Description Title: Introduction To International Tax - 2 Day Workshop Duration: 2 days Find A Class Near You: View Dates And Locations For This Seminar Description: This seminar provides a basic overview and understanding of the fundamentals of international tax, tax reporting and Internal Revenue Code requirements for U.S. corporations with operations abroad. The goal of a corporate tax practitioner is how to reduce U.S. taxes on foreign income while also complying with IRCs. This basic level seminar will teach strategies and cover these basic principles, while also providing you the opportunity to meet with our expert faculty to answer your difficult questions. This course is for Corporate Tax, Finance and Accounting Professionals, CPAs, Tax Attorneys and Counsel involved in Corporate Tax. There is no advance preparation for this group live seminar. This seminar is transitional and non-transitional which is appropriate for both newly admitted attorneys and experienced attorneys. Agenda DAY ONE: 8:30 am Registration and Continental Breakfast 9:00 am Overview of U.S. International Taxation, Source of Income and Expense Apportionment Residence For Taxation Income From Single and Mixed Sources Establishing Foreign Title Passage-The Use of Incoterms Tax Planning to Create or Increase Foreign Source Income The Basic Rules of Allocation and Apportionment The Apportionment of R&E Expenses Asset Apportionment of Interest Expense The Apportionment of SG&A Expenses Apportionment of Other Expenses Tax Planning in Expense Apportionment 11:00 am Refreshment Break 11:15 am Tax Reporting Requirements of Foreign Operations Form 5471 - Filing Requirements, Obtaining Data, Computing E&P, Reporting Subpart F Income and Other Transactions Form 8858 – Filing Requirements for Foreign Disregarded Entities Form 8865 – Controlled Foreign Partnerships Form 1118 – U.S. Foreign Tax Credits Form TDF 90-22.1 – Foreign Bank Account Reporting 12:45 pm Luncheon 1:45 pm The Foreign Tax Credit Determining A Creditable Tax The Foreign Tax Credit Limitation Formula The Direct Credit The Deemed Paid Credit Foreign Tax Credit Baskets 3:15 pm Refreshment Break 3:30 pm Subpart F Income The Determination of a Controlled Foreign Corporation Understanding Foreign Base Company Income Exceptions and Limitations to Subpart F Section 956 Investments in US Property Treatment of Previously Taxed Income 4:45 pm Question & Answers 5:00 pm Seminar adjourns for the day DAY TWO: 8:30 am Continental Breakfast 9:00 am Passive Foreign Investment Companies Classification-The Income Test And The Asset Test Exceptions To PFIC Status Consequences Of PFIC Status Tax Planning For PFICs 10:00 am Refreshment Break 10:15 am Transfer Pricing Overview of Section 482-The Arm’s Length Standard Determining The Best Method for Sales Of Products What Companies Must Utilize CUP, Resale Price, or Cost Plus When CPM Applies-Factors Determining Comparability Preparing/Reviewing A Transfer Pricing Study Multi-Jurisdictional Use of a Transfer Pricing Study 11:30 pm Income Tax Treaties The Essential Elements of Income Tax Treaties Business Profits and Permanent Establishments Qualifying For Treaty Benefits-Dealing With The Limitation On Benefits Provision 12:30 pm Luncheon 1:30 pm Earnings and Profits The Importance of Earnings and Profits in International Tax The Steps in Preparing an Earnings & Profits Study Preparing a Computation of Earnings & Profits-Pre-1987 Preparing a Computation of Earnings & Profits-Post-1986 Common Earnings and Profits Adjustments Practical Issues Involved in Calculating Earnings and Profits 2:45 pm Question & Answers 3:00 pm Seminar Concludes Conference Location Conference Location: Networking Seminars Conference Room, 1500 Market Street, 12th Floor East Tower Philadelphia, PA‎ United States of America Continuing Education Credits Up to 15 CPE/CLE Credits CPE Credits: Networking Seminars Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the national Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. www.nasba.org CLE Credits: Continuing Legal Education Credits will be sought by those who request it at the seminar. Each state will have final approval on the exact number of credits granted. Transitional and/or non-transitional continuing legal education is available depending on the level of seminar. Accreditation is pending until approved by each CLE board. CLE is an important aspect of our seminars and we want to make sure you receive the appropriate accreditation. Accommodations Hotel accommodations are at your own discretion. We suggest: Crowne Plaza Hotel City Center 1800 Market St Philadelphia PA (215) 561-7500 Sofitel 120 South 17th Street Philadelphia PA (215) 569-8300 Cancellations/Substitutions All cancellations must be received 5 business days prior to seminar date to receive a refund minus a $100 processing charge. You can send a substitute or you can also request a credit in full to attend another seminar. No refunds will be processed within 5 business days of the seminar. You would, at that point, receive a credit to attend another seminar. If you fail to attend or inform us of your cancellation, you will lose your opportunity to request a refund or credit for the seminar. To view available dates and locations for our Introduction to International Tax - 1 Day Workshop, click here. About The Provider: Networking Seminars’ mission is to enrich corporate environments through educational seminars and relationship building. Our industry-focused conferences are aimed at tax, legal, accounting, and finance professionals looking to gain knowledge and an understanding of governmental changes occurring in the current economic environment. Networking Seminars’ conferences offer continuing professional education (CPE) and continuing legal professional educational (CLE) credits. Price: $1,095.00 More Info: Contact Us For More Information

There currently are no scheduled dates for this seminar. Please click here to search for another course.

Keywords For This Course:
introduction to international tax, tax seminars, CPE training, international tax, CLE courses, tax training, CPA training, Source or Income, Expense Apportionment, Earnings & Profits, Foreign Tax Credit, Subpart F Income and Transfer Pricing.