International Tax: Compliance Basics | CPE QAS by learnformula
International Tax: Compliance Basics
This program will begin with background on international tax basics/concepts, then delve into how foreign-sourced income is reported by United States taxpayers.
schedule1.5h
5(2)
Scott Zarret
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29 Courses
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CPAacademy.org offers an easy to use platform for knowledge sharing and idea exchange through the marketing and presenting of the most up-to-date educational content and developments important to the ...
Patrick McCormick
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Patrick is a partner with Culhane Meadows, a national law firm with a prominent international area practice. Patrick practices exclusively in the area of international taxation. He has extensive exper...
About this course
Clients with multinational transactions and/or international holdings present both complex income tax questions and assorted special information filing requirements. Navigating these rules and requirements is difficult; this course provides a guide for the assorted compliance obligations relevant in the international tax context. This program will begin with background on international tax basics/concepts, then delve into how foreign-sourced income is reported by United States taxpayers.
The program will then focus on the information forms required to be filed in the international tax context, including the FBAR, Form 8938, Form 3520, Form 8621, Form 5471, Form 8865, Form 8858, and Form 5472. Income reporting requirements for foreign taxpayers with income connected to the United States will also be covered, including obtaining treaty benefits.
The program will also include an overview of the important withholding obligations and compliance requirements for American-based taxpayers paying income to foreign recipients.
Recorded Date: February 10, 2020