CPE PACKAGES (Incl. Ethics) for Multiple States and Qualifications @ $4/credit. CLICK HERE to view.

INDIA AND THE UNITED STATES: CROSS-BORDER TAX CONSIDERATIONS

  • AFSP
  • CPA (US)
  • EA
  • Tax Preparer
  • CTEC
INDIA AND THE UNITED STATES: CROSS-BORDER TAX CONSIDERATIONS

1.5 Credits

FREE

Subject Area

Taxes

Webinar Qualifies For

1.5 CPE credit of Taxes for all CPAs

1 CE credit of Federal Tax for Enrolled Agents ( IRS Approved : GEHNZ ) (Approval No. GEHNZ-T-00393-21-O)

1 CE credit of Federal Tax Subjects for California Tax Professionals (CTEC Approved - 6273) (Approval No. 6273-CE-0394)

1 CE credit of Federal Tax Law for 2021 Annual Filing Season Certificate program( IRS Approved : GEHNZ )

1 CE credit of Federal Tax for Maryland Tax Preparers (Approval No. GEHNZ-T-00393-21-O)

1 CE credit of Federal Tax for Oregon Tax Preparers (Approval No. GEHNZ-T-00393-21-O)

1.5 General Educational credit for Tax Professionals / Bookkeepers / Accountants

Course Description

Economic and diplomatic relationships between the United States and India have resulted in a significant interaction between taxpayers in the two countries. Many Indian-resident taxpayers have well-established business interests within the United States, and U.S. taxpayers – both individuals and entities - maintain similar interests in India. Tax advisers serving clients with ties in both countries require familiarity with each’s laws to ensure (with collaboration from advisors in the other jurisdiction, and regarding the U.S./India income tax treaty) effective global tax rates are minimized.

Looming over the tax treatment of American taxpayers with cross-border activities are extensive U.S. information reporting requirements. India is a participant in global bank and asset disclosure programs, and U.S. taxpayers with a presence in India must coordinate their U.S. disclosures with required Indian tax filings. Indian-specific factors also are critical in classifying a foreign interest for United States tax purposes, with classification ultimately dictating which filings are required.

Learning Objectives

  • To recognize the laws of the U.S. and India that play a part in ensuring minimal global tax rates
  • To identify U.S. information reporting requirements
  • To define how to coordinate U.S. disclosures with required Indian tax filings
  • List India-specific factors that determine classifying a foreign interest for U.S. tax purpose

Who Should Attend?

  • Accountant
  • Accounting Firm
  • Accounting Practice Owners
  • Accounts Director
  • Bookkeepers & Accountants & Tax Preparers
  • California Registered Tax Professional
  • Certified Management Accountant
  • Certified Public Accountant
  • Chief Accounting Officer
  • Cloud Accountants
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • CPA in Business
  • Entrepreneurial Accountant
  • Entrepreneurial CPA
  • Maryland Tax Preparers
  • Oregon Tax Preparers
  • Senior Accountant
  • Staff of Accounting Firm
  • Tax Attorney
  • Tax Director (Industry)
  • Tax Firm
  • Tax Managers
  • Tax Practitioners
  • Tax Preparer
  • Tax Professionals
  • Tax Pros
  • VP Accounts
  • Young CPA

Testimonial

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    [average] => 4.3889
    [no_of_record] => 18
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4.4

(18)
56%
33%
6%
6%
0%

SO

good

BS

Very interesting just not relevant to my current occupation