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Thursday, July 25, 2019 Live

International Taxation (E1907053)

8:30 AM - 4:30 PM EDT

Registration: 8:00 AM EDT

NJCPA Learning Center

105 Eisenhower Parkway, Suite 300
Roseland , NJ 07068

8 CPE Credits in TX

OVERVIEW

Get a solid understanding of international tax terminology and regulations that apply to a U.S. entity involved in global operations, or for a foreign entity doing business in the U.S. Whether your organization is contemplating a global move or is already involved in international business, you need to know about the activities that create multijurisdictional tax exposure and the required tax reporting for each relevant jurisdiction. Course materials include the impact of the Tax Cuts and Jobs Act of 2017 (TCJA) tax reform law.

DESIGNED FOR

Senior associates through managers in public accounting who assist clients with tax implications of their global operations, owners and CFOs of closely held businesses with international operations.

BENEFITS

  • Apply basic foreign tax law fundamentals to properly serve clients that require international tax compliance
  • Comply with U.S. tax reporting requirements for inbound and outbound transactions and operations
  • Source income to a foreign jurisdiction
  • Determine the required allocation and apportionment of deductions to foreign sourced income
  • Analyze which foreign taxes are creditable to the U.S. tax bill
  • Report foreign bank accounts and investments in jurisdictions including FATCA rules
  • Describe the U.S. tax reporting requirements for foreign affiliates
  • Structure transactions and/or business operations of foreign-based service businesses entering the United States
  • Evaluate the effect of treaties on the taxation of your client’s foreign based income activities

HIGHLIGHTS

  • Export income
  • Receipts in foreign currency
  • Allocation and apportionment of deductions
  • U.S. foreign tax credit
  • Initiation of foreign operations
  • Foreign branches and affiliated companies in the United States
  • Sale of use of tangible property
  • Foreign business operations, foreign business sales of tangible property and foreign business provision of services in the United States
  • Exploitation of business assets outside of the United States
  • Foreign tangible/intangible property in the United States
  • U.S. withholding taxes on foreign businesses

COURSE LEVEL

Intermediate

PREREQUISITES

A strong knowledge of U.S. income taxation.

ADVANCE PREPARATION

None

ADDITIONAL NOTES

  • *AICPA members deduct an additional $30 from applicable price.

Course materials are distributed electronically and we’ve passed the savings along to you - registrants save $20 on all 8-hour seminar pricing. To access the materials visit My Events. Download to your laptop or tablet prior to the seminar, handouts are added as received.

INSTRUCTOR

Adnan Islam

Adnan Islam, CPA, J.D., M.B.A., LL.M., CGMA

International Tax Director

Adnan Islam, Partner International Tax Services Co-practice Leader Blockchain/Digital Asset Transactions Leader West New York, NJ

Adnan Islam is a global business advisor, a licensed tax attorney, and a CPA with an MBA and LL.M. in taxation (NYU Law). He is the Co-Practice Leader for International Tax Services and the Blockchain / Cryptocurrency Leader for Friedman LLP.

Adnan Islam is an international tax attorney admitted to practice law in New Jersey, DC, and California, a CGMA, and a Certified Public Accountant (NY & CA). He holds a Juris Doctor (J.D.) and an M.B.A. from Rutgers University; and an LL.M. in Taxation from the New York University School of Law. He has previously worked within the International Tax Services and M&A tax groups at other Big 6 Firms. He frequently lectures at various platforms, including National firm trainings, TEI, and as an Adjunct Professor at Golden Gate University's Master's program.

Adnan is an International Tax Director and leads the international tax practice at RSM US LLP’s Los Angeles office. He has worked primarily within the Outbound and Inbound sectors on corporate and alternative investment fund clients regarding: subpart F income issues; outbound and inbound transactions; research and analysis on optimal global finance and holding company jurisdictions; FATCA (Chapter 4); Withholding taxes (Chapter 3) and income tax Treaty analysis; U.S. real estate dispositions by foreign persons; coordination with foreign partners and Technical Branches of the IRS / Treasury; cross-border reorganizations including mergers, acquisitions, and liquidations; debt vs. equity analysis; permanent establishment and ETB/ECI issues; check-the-box planning; transfer pricing; technical review of Forms 5471, 8858, and 8865; and drafted 9100 (and PLR) relief rulings for IRS submission. Adnan has extensive experience managing international tax analyses with various jurisdictions including: Canada, UK, France, Netherlands, Luxembourg, Belgium, Australia, China, Hong Kong, India, Singapore, Cyprus, Germany, Ireland, and Mexico.

Mr. Islam is a member of the AICPA, American Bar Association, and Los Angeles County Bar Association. Tax Executives Institute, ACG Los Angeles, and ProVisors. He is the author of various publications with AICPA.

PRICING

$379.00 - Nonmember

$279.00 - Member

AICPA members receive a discount of $30 for this event.

Pre-Registration Closed

Online pre-registration for this event is now closed.

ADDITIONAL OPTIONS

Print a registration form

COURSE DEVELOPER

American Institute of CPAs