U.S. International Taxation: Tax Jurisdiction (Second Edition)
Authored by Robert J. Misey,Jr., J.D., LL.M.; Michael S. Schadewald, PhD
About this Course
This course gives the conceptual basics of the rules and policy objectives of U.S. international tax jurisdiction; i.e., when can a country impose its tax. It also reviews the techniques used to lessen the impact of, or completely avoid, the double taxation of income when more than one country has the jurisdictional right to impose tax. Upon completion of this course, the student will be able to: Identify tax policy objectives and determine how they are reflected in the current U.S. jurisdictional system; Compute the foreign earned income exclusion and fill out a basic Form 2555, Foreign Earned Income; Determine whether an entity is a U.S. resident; Describe the characteristics of the current U.S. jurisdictional system in terms of: (a) Personal v. Economic relationships; (b) Territorial v. Credit systems; and (c) Unilateral v. Bilateral solutions to the problem of double taxation of income.
Working knowledge of U.S. federal taxation of individuals and businesses