International Taxation

Global tax exposure and reporting are essential for organizations operating in multiple jurisdictions, and the Tax Reform and Tax Cuts and Jobs Act of 2017 have significant implications. This guide covers international tax terminology, regulations, and activities such as export income, receipts in foreign currency, allocation and apportionment of deductions, U.S. foreign tax credit fundamentals, foreign branches and affiliated companies, sale of use of tangible property, foreign business operations in the United States, foreign business sales of tangible property, foreign business provision of services in the United States, exploitation of business assets outside of the United States, use of foreign tangible/intangible property in the United States, and U.S. withholding taxes on foreign businesses.

Format: Paperback / softback
Length: 304 pages
Publication date: 21 September 2020
Publisher: John Wiley & Sons Inc

Globalization has led to increased economic interdependence among nations, resulting in complex tax regulations that apply to businesses operating across borders. Understanding these regulations is essential for organizations to minimize their tax exposure and comply with the relevant tax reporting requirements. This guide provides information on international tax terminology and regulations that apply to U.S. entities involved in global operations or foreign entities doing business in the United States. It covers key topics such as export income, receipts in foreign currency, allocation and apportionment of deductions, U.S. foreign tax credit fundamentals and special rules, initiation of foreign operations, foreign branches and affiliated companies, sale of use of tangible property, foreign business operations in the United States, foreign business sales of tangible property in the United States, foreign business provision of services in the United States, exploitation of business assets outside of the United States, use of foreign tangible/intangible property in the United States, and U.S. withholding taxes on foreign businesses. By understanding these regulations, organizations can make informed decisions about their global tax strategies and ensure that they are compliant with all applicable tax laws.

Weight: 636g
Dimension: 217 x 276 x 23 (mm)
ISBN-13: 9781119756491