International Taxation: Inbound Transactions

Disruption

Course

International Taxation: Inbound Transactions

  • Format

    Course - Online

  • Duration

    6h

Covers effectively connected income (ECI), branch profits tax (BPT), branch level interest tax, and 1120-F with treaty-based form compliance in more detail with computational examples.

Learning outcomes

  • Identify the existence of a US trade or business
  • Calculate ECI of the US trade or business
  • Calculate BPT and branch level interest
  • Determine what forms and schedules are needed for Inbound US tax compliance
  • Determine the characterization of the income stream
  • Apply the appropriate sourcing rule to a particular income stream
  • Determining when a payment is considered FDAP
  • Identify how tax treaties impacts rate of withholding
  • Recall the FATCA definitions, documentation requirements, and associated requirements
  • Identify the associated US withholding tax compliance on FDAP and ECI
  • Identify a USRPI and a USRPHC
  • Determine when FIRPTA applies and does not apply
  • Identify the FIRPTA withholding and notification requirements
  • Determine when the FIRPTA applicability and withholding exceptions apply

£99.00 (CIMA members only)

£129.00

VAT calculated on checkout

Product information

Overview

The detailed rules you need.

This self-study online course is part of the U.S. International Tax Certificate, a comprehensive learning program geared to help global finance and accounting professionals navigate the highly complex world of international taxation. This course can be purchased individually or as part of the U.S. International Tax: Inbound and Outbound Transactions bundle. You must purchase the bundle to earn the digital badge.

This CPE self-study course covers effectively connected income (ECI), branch profits tax (BPT), branch level interest tax, and 1120-F with treaty-based form compliance in more detail with computational examples. It then covers detailed rules regarding sourcing, withholding tax (WHT), Foreign Account Tax Compliance Act (FATCA), and the associated compliance with examples.

Finally, it covers the definition of a U.S. Real Property Interest (USRPI) and U.S. Real Property Holding Corporation (USRPHC), the applicability of the Foreign Investment in U.S. Real Property Tax Act of 1980 (FIRPTA) to certain transactions and the exceptions, and the FIRPTA withholding rules (and exceptions).

Who should take this course?

  • Public and corporate tax professionals interested in building a solid foundation in U.S. international taxation.

Professional development

This Course - Online offers 6 hours of CPE credit.
Note on CPE Requirements and Credits
All learning resources available in the CGMA Store qualify for CPD for CIMA members.

Prerequisites:None
Duration:6h
Format:Course - Online
Access:This is a digital product. You will have access to the content for a year after purchase date.

Return and refund policy

£99.00 (CIMA members only)

£129.00

VAT calculated on checkout

Accessibility

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The Association is committed to making professional learning accessible to all product users. This commitment is maintained in accordance with applicable law. For additional information, please refer to the Association's Website Accessibility Policy. As part of this commitment, this product is closed-captioned. For additional accommodation requests please contact adaaccessibility@aicpa-cima.com and indicate the product that you are interested in (title, etc.) and the requested accommodation(s): Audio/Visual/Other. A member of our team will be in contact with you promptly to make sure we meet your needs appropriately.