Description

This course is for non-tax and tax professionals alike. In addition to US-based individuals, it will also likely be of use to non-US persons working with groups that have US operations and/or other US investments.

The US has complex tax rules that apply whenever there is an international/global component to any transaction, whether for personal investment or for business, and these rules are broken down into two broad categories: Inbound and Outbound. This course focuses on issues that non-US companies and individuals face when investing in and/or conducting business in the US – Inbound.

This is an overview course focusing on a case study since we find people have better retention of the rules when seen in a real-life context focusing on actual business and investment issues. Each of the issues we touch upon may be the subject of a more advanced course. As such, it is ideal for both tax and non-tax professionals that desire a general understanding of the rules so they can begin to identify the material issues and how they affect the bottom line for businesses and individuals.

We will cover:

• Under what circumstances the US has a right to tax income.
• When foreign persons have a US business presence and when their investment income might be taxed.
• Withholding rules.
• Choice of entity, including check-the-box (entity classification rules) – should you have a C corp, LLC, S corp, etc.? Advantages/disadvantages.
• Investing in US real estate.
• Impact of FBAR/financial account disclosure.
• How do I get my money out of the US?
• The impact of tax treaties.
• And more – all with a practical business focus that makes this a good course for even non-tax people.