Show navigation

Available in:

OnDemand Webinar
Audio & Reference Manual
MP3 Download

Accounting and Tax Implications for Foreign Operations

Gain a better understanding of the issues related to foreign operations, creating U.

S. ownership, repatriating earnings, and maintaining compliance with U.S. tax law.Foreign operations can present a significant opportunity for a U.S. company, but can also raise a number of U.S. tax issues. Proper tax planning in establishing foreign operations, and an understanding of the ongoing disclosure and other requirements they require, is essential to avoiding problems down the road. This material will provide you with an overview of the issues (and highlight some potential pitfalls) related to foreign operations, creating U.S. ownership, repatriating earnings, and maintaining compliance with U.S. tax law and disclosure requirements and keeping current on recent tax legislation.

Runtime: 106 minutes
Purchase Options

More Program Information

Why Lorman?

Over 32 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Establishing Foreign Operations

  • Choice of Entity
  • Local Taxes and Credits
  • Foreign Operations and Issues
  • Distribution of Earnings

Consequences of U.S. Ownership

  • Disclosure of U.S. Ownership
  • Subpart F Definitions and Issues
  • Anti-Deferral Rules

Tax Reporting and Disclosure Issues

  • U.S. Tax Withholding and Treaties
  • U.S. Disclosure Requirements
  • Transfer Pricing Issues

New Issues Under Recent Tax Legislation

  • Territorial System
  • Mandatory Repatriation
  • Low-Taxed Intangibles Income
  • Export Incentive
Purchase Options

More Program Information

Why Lorman?

Over 32 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Webinar

This course was last revised on January 25, 2019.

Call 1-866-352-9540 for further credit information.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

Audio & Reference Manual

  • Arizona CLE 1.5
     
  • CA MCLE 1.5
     
  • CT CLE 1.5
     
  • GA CLE 1.7
     
  • HI CLE 1.5
     
  • IL CLE 1.5
     
  • ME CLE 1.5
     
  • MT CLE 1.75
     
  • NJ CLE 2.0
     
  • NV CLE 1.5
     
  • VT CLE 1.5
     
  • WA CLE 1.75
     
  • WV MCLE 2.0
     
The CLE Code is ONLY a requirement when applying for CLE Credit in California (for participatory credit), Kansas, New Jersey or New York. Other states do not need to supply the CLE Code to apply for CLE credit.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

MP3 Download

  • Arizona CLE 1.5
     
  • CA MCLE 1.5
     
  • CT CLE 1.5
     
  • HI CLE 1.5
     
  • IL CLE 1.5
     
  • ME CLE 1.5
     
  • MT CLE 1.75
     
  • NJ CLE 2.0
     
  • NV CLE 1.5
     
  • VT CLE 1.5
     
  • WA CLE 1.75
     
  • WV MCLE 2.0
     
The CLE Code is ONLY a requirement when applying for CLE Credit in California (for participatory credit), Kansas, New Jersey or New York. Other states do not need to supply the CLE Code to apply for CLE credit.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

Purchase Options

More Program Information

Why Lorman?

Over 32 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Thomas M. Kosinski, C.P.A., M.S.T.

Thomas M. Kosinski, C.P.A., M.S.T.

Ostrow Reisin Berk & Abrams, Ltd.

  • Has been with Ostrow Reisin Berk & Abrams, Ltd., since 1994, and became a director in 2001
  • He has more than 12 years of experience offering strategic tax planning and technical advice for individuals and the owners of closely held companies
  • Provides the full range of specialized services to his clients, which include high net worth individuals and business entrepreneurs
  • Has significant experience in the commodities and securities industry
  • Researched and implemented a wide range of federal and Illinois tax strategies, assisted with tax consulting for individuals and corporations, and represented numerous Illinois taxpayers during IRS and Illinois Department of Revenue audits
  • Is the firmís primary consultant on state and local taxation issues and has experience with tax issues relating to international taxation
  • Has also assisted U.S.-based entities in planning for foreign operations as separate entities, branches or divisions
  • An active member and a former president of the Illinois CPA Society Chicago South Chapter and is also a member of the American Institute of Certified Public Accountants; in addition, he is a contributing writer for a tax newspaper column and previously was a co-author for a tax savings publication for individual taxation Masterís degree in taxation and B.S. degree in accounting, summa cum laude, DePaul University
Purchase Options

More Program Information

Why Lorman?

Over 32 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • Live Webinars
  • OnDemand Webinars
  • MP3 Downloads
  • Course Manuals
  • Audio Recordings*
  • Executive Reports
  • White Papers and Articles
  • Sponsored Live Webinars

Additional benefits include:

  • State Specific Credit Tracker
  • Members Only Newsletter
  • All-Access Pass Course Concierge

* For audio recordings you only pay shipping

Questions? Call 877-296-2169 to speak with a real person.

Sign Up Today
With This Course

Access to all training products for one year
$699/year

Unlimited Lorman Training

With the All-Access Pass there is no guessing what you will need for your yearly training budget. $699 will cover all of your training needs for an entire year!

Easy Registrations

Once you purchase your All-Access Pass you will never be any further than one-click away from attending any Lorman training course.

Invest in Yourself

You haven't gotten to where you are professionally by luck alone; it's taken a lot of hard work and training. Invest in yourself with the All-Access Pass.

Product ID: 404772
Published 2019
Purchase Options

Available in Multiple Formats

Purchase this course and learn on your schedule!