International Tax Aspects of the Big Beautiful Bill
11:00a – 12:00p ET
COURSE DESCRIPTION
The Big Beautiful Bill picks up from an international perspective where the 2017 Act stopped. The 2017Act contains many modifications for both U.S. companies conducting business abroad (outbound taxpayers) and foreign companies conducting business in the United States (inbound taxpayers).
LEARNING OBJECTIVES
- Learn how manufacturers can increase their foreign tax credit limitation.
- Lament the continued demise of foreign income deferral from U.S. tax with Net CFC Tested Income (NCTI).
- Learn how to increase tax benefits for U.S. exporters.
- Understand the modifications to the Base Erosion Anti-Abuse Tax (BEAT).
- Enjoy a permanent exception to foreign personal holding company income under Subpart F.
MEET THE SPEAKER
Robert Misey a tax attorney for the law firm of Reinhart Boerner Van Deuren and is a former trial attorney for the IRS Chief Counsel (International) in Washington, DC.
Robert is Co-Chair of the International Tax Committee for the ABA and a member of the bar in California, Wisconsin, and the District of Columbia.
Robert is also the author of the books, A Practical Guide to U.S. Taxation of International Transactions, and Federal Taxation: Practice and Procedure. He authors the column, “International Tax Watch for Taxes: The Tax Magazine.”
CPE INFORMATION
CPE/CPD: 1 hour
Field of Study: Taxation
Program Level: Update
Format: Group Internet (Live Webinar)
AGN International – Americas, LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
Texas CPAs: AGN International – Americas, LLC is also registered with the Texas State Board of Public Accountancy. (Sponsor ID: 010173)
Questions and comments can be directed to AGN Programs Manager Misean Reed.