IRS Form 1099, 1099-NEC, and Form 1099-MISC: Advanced Issues and Updates

Accounting and Tax Implications for Foreign Operations

$219.00

SKU: 411218

Description

Gain a better understanding of the issues related to foreign operations and maintain compliance with U.S. tax law.
Foreign operations can present a great opportunity for a U.S. company with worldwide activity, but it can raise a number of U.S. tax issues. Proper tax planning in establishing foreign operations, and an understanding of the ongoing U.S. tax disclosures and other requirements they create, are essential to avoiding problems down the road. This course will provide an overview of the issues (and highlight some potential pitfalls) related to foreign operations creating U.S. ownership, timing taxable earnings, maintaining compliance with U.S. tax law and disclosure requirements, and keeping current on recent tax legislation.

Date: 2024-07-26 Start Time: 1:00 PM ET End Time: 2:40 PM ET

Learning Objectives

* You will be able to discuss U.S. issues and decisions to make for foreign operations.

* You will be able to explain U.S. disclosure requirements for foreign operations.

* You will be able to identify how U.S. ownership impacts the reporting of foreign entities.

* You will be able to describe the recent tax legislation that impacts foreign operations.

Establishing Foreign Operations
• Identify Options for Foreign Activities
• Choice of Entity Alternatives
• Foreign Operations and Tax Rates
• Method of Accounting Issues

Tax Consequences of U.S. Ownership
• U.S. Ownership Subject to Disclosure
• Controlled Foreign Corporations
• Subpart F Definitions and Issues
• Global Intangible Low-Taxed Income

Tax Reporting and Disclosure Issues
• FBAR and Foreign Financial Assets
• Foreign Investments and Transfers
• U.S. Tax Withholding and Treaties
• U.S. Disclosure Requirements
• Transfer Pricing Issues

New Issues Under Recent Tax Legislation
• U.S. Policy on Territorial Tax System
• U.S. Inclusion of Foreign Income
• Low Tax Rates on Foreign Income
• What Repatriation to U.S. Means

AIPB ,CLE (Please check the Detailed Credit Information page for states that have already been approved) ,CPE ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

Thomas M. Kosinski, C.P.A., M.S.T.-Ostrow Reisin Berk & Abrams, Ltd.

IRS Form 1099, 1099-NEC, and Form 1099-MISC: Advanced Issues and Updates

Accounting and Tax Implications for Foreign Operations

$199.00

SKU: 409962

Description

Gain a better understanding of the issues related to foreign operations and maintain compliance with U.S. tax law.
Foreign operations can present a great opportunity for a U.S. company with worldwide activity, but it can raise a number of U.S. tax issues. Proper tax planning in establishing foreign operations, and an understanding of the ongoing U.S. tax disclosures and other requirements they create, are essential to avoiding problems down the road. This course will provide an overview of the issues (and highlight some potential pitfalls) related to foreign operations creating U.S. ownership, timing taxable earnings, maintaining compliance with U.S. tax law and disclosure requirements, and keeping current on recent tax legislation.

Date: 2022-08-26 Start Time: 1:00 PM ET End Time: 2:40 PM ET

Learning Objectives

* You will be able to discuss U.S. issues and decisions to make for foreign operations.

* You will be able to explain U.S. disclosure requirements for foreign operations.

* You will be able to identify how U.S. ownership impacts the reporting of foreign entities.

* You will be able to describe the recent tax legislation that impacts foreign operations.

Establishing Foreign Operations
• Identify Options for Foreign Activities
• Choice of Entity Alternatives
• Foreign Operations and Tax Rates
• Method of Accounting Issues

Tax Consequences of U.S. Ownership
• U.S. Ownership Subject to Disclosure
• Controlled Foreign Corporations
• Subpart F Definitions and Issues
• Global Intangible Low-Taxed Income

Tax Reporting and Disclosure Issues
• FBAR and Foreign Financial Assets
• Foreign Investments and Transfers
• U.S. Tax Withholding and Treaties
• U.S. Disclosure Requirements
• Transfer Pricing Issues

New Issues Under Recent Tax Legislation
• U.S. Policy on Territorial Tax System
• U.S. Inclusion of Foreign Income
• Low Tax Rates on Foreign Income
• What Repatriation to U.S. Means

AIPB ,CLE (Please check the Detailed Credit Information page for states that have already been approved) ,CPE ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

Thomas M. Kosinski, C.P.A., M.S.T.-Ostrow Reisin Berk & Abrams, Ltd.