Understand the impact of international withholding tax on your business and how you can reduce your tax obligations.
Understand the impact of international withholding tax on your business and how you can reduce your tax obligations. As more companies, even relatively small ones, go global, setting up businesses and customers is almost always the first order of business. Many of the administrative functions, such as tax compliance, follow later, sometimes much later. Often, foreign affiliates are created to facilitate business overseas. A number of business transactions flow from the international effort. These transactions often have tax consequences. The objective to this insightful topic is to identify the global withholding tax consequences of engaging in international business commerce. Once identified, methods to reduce and even eliminate withholding tax obligations will be covered. If your organization conducts international commerce, this topic is for you.
Learning Objectives
- You will be able to identify the correct withholding tax percentage to the revenue stream.
- You will be able to recognize potential withholding tax exposures.
- You will be able to identify opportunities to utilize withholding tax paid against income tax liabilities.
- You will be able to recognize appropiate internal controls/policies to comply with withholding tax obligations
Add to Wishlist
Credit
More Program Information
Why Lorman?
Over 36 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
Overview of Global Withholding Tax
- The Need for International Withholding Tax
- Recent Changes Related to the U.S. Federal Tax Cuts and Jobs Act of 2017
- Major Withholding Tax Regimes
- How to Avoid Withholding Tax - Permanent Establishment
Building Blocks for Global Withholding Tax Compliance and Planning
- Understanding the Organizational Structure
- Accounting
- Timely Compliance
The Role of International Tax Treaties
- Treaty Provisions
- Using Income Tax Treaties
Considerations Related to the U.S. Federal Tax Cuts and Jobs Act of 2017
- Global Intangible Low Tax Income (GILTI)
- Base Erosion Anti-Abuse Tax (BEAT)
- Foreign Derived Intangible Income (FDII)
Withholding Tax Optimization
- Avoid Risks and Overpayments
- Using Withholding Tax Credits and Deductions
- Audit Documentation
- International Planning to Minimize Tax and Withholding
Add to Wishlist
Credit
More Program Information
Why Lorman?
Over 36 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 Course
This course was last reviewed on March 2, 2023.
Call 1-866-352-9540 for further credit information.
CPE/NASBA - QAS Self Study 2.6 including Taxes 2.6
- Lorman Education Services is registered with the National Association of State Boards of Accountancy (NASBA) as a QAS Self Study 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 web site: www.nasbaregistry.org. For more information regarding administrative policies such as complaint and refund, please contact our offices at 866-352-9539. CPE Credit: Maximum Credit Hours: 2.6 each session (based on a 50 minute credit hour). You must attend at least 50 minutes to obtain credit. Field of Study: Taxes for 2.6 hours. Prerequisite: . Level of Knowledge: Intermediate. Teaching Method: Seminar/Lecture. Advance Preparation: None. Delivery Method: QAS Self Study. Please refer to the information in this advertisement for outline, course content and objectives. Upon completion of this course, you will receive a certificate of attendance. Final approval of a course for CPE credit belongs with each state's regulatory board.
Add to Wishlist
Credit
More Program Information
Why Lorman?
Over 36 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
Ryan Gaglio
Stradling Yocca Carlson & Rauth, P.C.
- Attorney with Stradling Yocca Carlson & Rauth, P.C.
- Focuses on tax planning, tax controversy and transactional matters
- Advises clients on the federal, state and local tax consequences of mergers and acquisitions, bankruptcies and workouts, executive compensation, as well as tax planning for inbound and outbound transactions, intercompany transfer pricing, foreign currency transactions, and other international tax matters
- Published several articles and is the co-editor of a comprehensive tax treatise, Taxation of Securities Transactions “Overlooked Impact of Health Care Reform,” Daily Journal (August 31, 2012)
- J.D. degree, Yale Law School; B.A. degree, Columbia College
- Can be contacted at 949-725-4042 or [email protected]
John P. Garcia, CPA, M.B.A.
Corporate Tax Advisors
- More than 25 years of experience providing services to major multinational corporations such as Billabong, Nixon, Targus, Marriott, Dial, Henkel, The University of Phoenix, and CPE, Inc
- Conducts regular seminars and workshops on the following: Tax Aspects of the CARES Act, Accounting for Income Taxes – ASC 740/FAS 109; International Taxation; State and Local Taxation; and Uncertain Tax Positions – FIN 48 and Transfer Pricing
- Wrote the SRR Journal, Fall 2016, How to Properly Capitalize Subsidiaries Without Getting Ensnared in the Earnings-Stripping Rules; California CPA magazine, June 2013, An Integrated Database Solution to Global Withholding Compliance; and Thomson Reuters, Corporate Taxation, December 2009, Green Corporate Tax Incentives-Wind Technologies
- Member of Arizona Society of CPAs and AICPA
- M.B.A. degree in international business; B.S. degree in accounting and finance, University of Maryland College Park
- Can be contacted at 877-728-1400 or [email protected]
Add to Wishlist
Credit
More Program Information
Why Lorman?
Over 36 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!
- OnDemand Courses
- Live Webinars
- MP3 Downloads
- Course Manuals
- Executive Reports
- White Papers and Articles
Additional benefits include:
- State Specific Credit Tracker
- All-Access Pass Course Concierge
Questions? Call 877-296-2169 to speak with a real person.
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.
