Businesses of all sizes and types engage in transactions with foreign connections. With the number of such transactions growing exponentially in an increasingly global marketplace, “International business” in the tax realm is no longer exclusively concerned with multinational conglomerates engaged in complex planning through tax havens; rather, the focus now is more commonly on emerging businesses first encountering international issues as their activities expand.
Expanding markets have led to global opportunities for businesses; the tax consequences of international activities are often misunderstood. In this webinar, we will introduce the most common concepts and concerns for businesses in this realm, looking at both foreign entities entering the United States and United States entities operating overseas. Coverage will include how foreign entities are classified for tax purposes, activities which make foreign entities subject to United States tax, United States rules for taxing international activities, modifications made by the Tax Cut and Jobs Act, and forms commonly used for international business activities.
Highlights of the webinar :
- Foreign Entities Classification.
- Relevance Determination For Foreign Entities
- Foreign Entities Entering The United States
- Nonresident Alien Employees
- Taxation Of Foreign Transactions
- Foreign Tax Credit
