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Foreign Entity Classification For The Growing Business

4.5 (188)

Patrick McCormick, Doc. of Law

Culhane Meadows

Thursday, October 03, 2019 | 10:00 AM EDT

  • CPA
  • EA

1.5 Credits


Subject Area


Upcoming Webinars

Course Description

Foreign entities can be subjected to United States income tax requirements when their income is effectively connected to the United States. Such entities can create tax and reporting requirements for U.S.-based stakeholders as well. An often overlooked – and unfortunately, often oversimplified consideration – is how the foreign entity is classified for United States tax purposes. Critically, the United States maintains its own distinct rules for classification of foreign entities and those rules are in no way impacted by how the entity is taxed in its home jurisdiction! Join this webinar for an in-depth discussion of the relevant considerations in this context, including tax ramifications for foreign trusts, foreign corporations, and foreign pass-through entities.

Learning Objectives

  • Awareness of how foreign organizations are classified for U.S. tax purposes.
  • Familiarity with special rules applicable to U.S. shareholder of foreign corporations.
  • Knowledge on consideration relevant in choosing an entity type.

Who Should Attend?

  • Accountant
  • Accounting Firm
  • Auditors
  • CFO/Controller
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • CPA in Business
  • Enrolled Agent
  • Entrepreneurial CPA
  • Finance Pros
  • Others
  • Tax Attorney
  • Tax Firm
  • Tax Practitioners
  • Tax Pros
  • Xero Advisor
  • Young CPA


    [no_of_record] => 188
    [average] => 4.4521