Description
Stay uptodate on international information filings to be in the best position to understand their obligations.
Since 2017, the international tax landscape has become significantly more complex and the compliance and reporting requirements for companies and individuals have become equally complex. The U.S. Treasury Department and Internal Revenue Service have continued to rework and rerelease international informational filings on an annual basis. These forms and their updates are designed to address everevolving rules and regulations and taxpayers can find themselves struggling to keep up. With this in mind, it is of the utmost importance for companies and their leaders to stay uptodate on international information filings to be in the best position to understand their obligations.
It is our goal to help participants understand what forms and information they need to file for themselves, their employers, andor their clients. This course will focus on both foundational principles that we as tax advisors see misunderstood every day, as well as some of the more complex and nuanced parts of the forms that can be confusing and overwhelming if you arent required to do them on a daily basis.
Date: 2024-02-29 Start Time: 1:00 PM ET End Time: 2:40 PM ET
Learning Objectives
* You will be able to identify which investments in foreign companies trigger a filing requirement.
* You will be able to explain how direct, indirect, and constructive ownership impacts what forms need to be filed.
* You will be able to determine whether a foreign corporation or individual is required to file a U.S. federal income tax return and safeguards when it is not clear.
* You will be able to recognize where and how international provisions show up on the domestic federal income tax return.